CGCB Enters Oversold Territory
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 23 2024
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Source: NASDAQ.COM
RSI Analysis: CGCB's RSI reading is at 27.8, indicating potential exhaustion of recent selling, while the S&P 500 has a higher RSI of 64.7.
Stock Performance: CGCB shares are trading at $26.27, down 0.4% for the day, with a 52-week range between $24.4912 and $27.24.
Analyst Views on CGCB
Wall Street analysts forecast CGCB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGCB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
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0 Sell
Current: 26.540
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Current: 26.540
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
