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Stock Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Kandi Technologies Group, Inc. - Ordinary Shares (NASDAQ:KNDI)
Long-Term Downtrend (-90) - KNDI is in a strong downtrend that is likely to continue. While KNDI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KNDI?
MarketClub looks at technical strength and momentum to determine if the timing is right for KNDI.
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 KNDI
The long-term trend has been DOWN since Nov 13th, 2023 at 3.08
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 1.54
The short-term trend has been DOWN since Nov 29th, 2024 at 1.23
Smart Scan Analysis for KNDI
Based on our trend formula, KNDI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9409 | 0.9499 | 0.8901 | 0.9000 | -0.0450 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9000 | 734166 | 2024-12-20 15:59:58 |
| Year High | 8.25 | Year High Date | 2018-01-08 |
| Year Low | 3.6 | Year Low Date | 2018-06-04 |
| 52wk High | 3.125 | 52wk High Date | 2024-01-09 |
| 52wk Low | 0.9 | 52wk Low Date | 2024-12-19 |
| Year End Close | 3.99 | Average Volume | 225,477 |
| Shares Outstanding | 87,523 | Short Interest | 586,420 |
| % Institutional | 41.4 | Market Cap | 273M |
| Assets | 495,456,599M | Liabilities | 91,331,623M |
| P/E Ratio | 6.2703 | Beta | 1.8 |
| Volatility | 76.37 |