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Stock Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
The9 Limited - American Depository Shares (NASDAQ:NCTY)
Strong Downtrend (-100) - NCTY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NCTY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NCTY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NCTY.
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 NCTY
The long-term trend has been DOWN since May 13th, 2021 at 13.65
The intermediate-term trend has been DOWN since Jul 25th, 2022 at 1.65
The short-term trend has been DOWN since Aug 16th, 2022 at 1.52
Smart Scan Analysis for NCTY
Based on our trend formula, NCTY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.41 | 1.41 | 1.28 | 1.30 | -0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.30 | 616016 | 2022-08-19 15:59:51 |
| Year High | 8.13 | Year High Date | 2018-10-19 |
| Year Low | 0.83 | Year Low Date | 2018-08-02 |
| 52wk High | 17.2066 | 52wk High Date | 2021-09-03 |
| 52wk Low | 1.14 | 52wk Low Date | 2022-05-12 |
| Year End Close | 2.95 | Average Volume | 573,798 |
| Shares Outstanding | 807 | Short Interest | 6,683 |
| % Institutional | 22.7 | Market Cap | 15M |
| Assets | 48,441,307M | Liabilities | 336,159,554M |
| Beta | 2.34 | Volatility | 205.26 |