Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
NOVA CANNABIS INC (TSE:NOVC)
Strong Downtrend (-100) - NOVC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOVC continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOVC.
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 NOVC
The long-term trend has been DOWN since May 8th, 2024 at 1.25
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1.46
The short-term trend has been DOWN since Apr 30th, 2024 at 1.32
Smart Scan Analysis for NOVC
Based on our trend formula, NOVC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.38 | 1.38 | 1.23 | 1.30 | -0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.29 | 476779 | 2024-05-08 15:59:25 |