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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN)
Crossroads (+60) - BCAN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BCAN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BCAN.
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 BCAN
The long-term trend has been DOWN since Sep 22nd, 2022 at 4.0400
The intermediate-term trend has been UP since Dec 15th, 2023 at 1.0500
The short-term trend has been UP since May 8th, 2024 at 0.9749
Smart Scan Analysis for BCAN
Based on our trend formula, BCAN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9051 | 1.0300 | 0.8802 | 0.9312 | +0.0112 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9200 | 1656259 | 2024-05-08 15:59:18 |
| 52wk High | 687.8 | 52wk High Date | 2023-06-26 |
| 52wk Low | 0.6505 | 52wk Low Date | 2024-04-15 |
| Average Volume | 1,618,833 | Shares Outstanding | 155 |
| Assets | 44,488,072M | Liabilities | 448,219M |