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Stock Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Concord Medical Services Holdings Ltd ADS (NYSE:CCM)
Bull Market Weakness (+75) - CCM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CCM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CCM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCM.
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 CCM
The long-term trend has been UP since Nov 9th, 2020 at 2.18
The intermediate-term trend has been UP since Mar 19th, 2021 at 4.40
The short-term trend has been DOWN since Apr 15th, 2021 at 3.68
Smart Scan Analysis for CCM
Based on our trend formula, CCM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0000 | 4.0500 | 3.8823 | 3.9400 | +0.2700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.6700 | 6962 | 2021-04-16 13:34:04 |
| Year High | 4.2 | Year High Date | 2018-05-02 |
| Year Low | 2.4643 | Year Low Date | 2018-02-15 |
| 52wk High | 5.89 | 52wk High Date | 2020-12-15 |
| 52wk Low | 1.13 | 52wk Low Date | 2020-06-03 |
| Year End Close | 4.13 | Average Volume | 63,859 |
| Shares Outstanding | 47,451 | Short Interest | 15,941 |
| % Institutional | 4.4 | Market Cap | 102M |
| Assets | 429,744,500M | Liabilities | 251,060,300M |
| Beta | 0.65 | Volatility | 86.44 |