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Stock Trend Analysis Report
Prepared for you on Tuesday, September 16, 2025.
Covalon Technologies Ltd (CDNX:COV)
Long-Term Downtrend (-90) - COV is in a strong downtrend that is likely to continue. While COV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid COV?
MarketClub looks at technical strength and momentum to determine if the timing is right for COV.
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 COV
The long-term trend has been DOWN since Sep 4th, 2025 at 2.30
The intermediate-term trend has been DOWN since Sep 3rd, 2025 at 2.34
The short-term trend has been DOWN since Sep 3rd, 2025 at 2.35
Smart Scan Analysis for COV
Based on our trend formula, COV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.18 | 2.19 | 2.17 | 2.18 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.18 | 16648 | 2025-09-16 14:26:07 |
| Year High | 9.45 | Year High Date | 2018-09-04 |
| Year Low | 3.22 | Year Low Date | 2018-04-18 |
| 52wk High | 9.45 | 52wk High Date | 2018-09-04 |
| 52wk Low | 3.22 | 52wk Low Date | 2018-04-18 |
| Year End Close | 0.085 | Average Volume | 9,229 |
| Volatility | 55.37 |