Replies to post #954 on Capstone Green Energy Corp (fka CGRNQ)

[Magnusson]

How much lower does the board think it will go?


In its recent chart, CPST's MACD reflects a strong bearish signal, with the indicator below the 9-day moving average signal line, and also below the critical 0 level, indicating that moving averages are trending lower. CPST is trading within its Bollinger Bands, a normal condition signaling that the stock is neither overbought nor oversold relative to the recent price action. With share prices currently below the stock's 13-day moving average, an indication of a bearish trend is generally considered.