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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
CERRADO GOLD INC (NASDAQ:CRDOF)
Sidelines Mode (-55) - CRDOF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CRDOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRDOF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CRDOF
The long-term trend has been DOWN since Aug 2nd, 2023 at 0.570
The intermediate-term trend has been UP since Apr 1st, 2024 at 0.165
The short-term trend has been DOWN since Apr 22nd, 2024 at 0.190
Smart Scan Analysis for CRDOF
Based on our trend formula, CRDOF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1965 | 0.1965 | 0.1889 | 0.1900 | -0.0075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1900 | 31000 | 2024-04-22 15:07:00 |
| 52wk High | 0.794 | 52wk High Date | 2023-05-08 |
| 52wk Low | 0.1141 | 52wk Low Date | 2024-03-20 |
| Average Volume | 38,702 | Shares Outstanding | 70,545 |