Stock Trend Analysis Report
Prepared for you on Sunday, April 2, 2023.
BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN)
Bear Market Rally (-75) - BCAN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BCAN as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for BCAN
The long-term trend has been DOWN since Sep 22nd, 2022 at 4.04
The intermediate-term trend has been DOWN since Mar 23rd, 2023 at 2.23
The short-term trend has been UP since Mar 31st, 2023 at 2.28
Smart Scan Analysis for BCAN
Based on our trend formula, BCAN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.38||52wk High Date||2022-09-19|
|52wk Low||2.12||52wk Low Date||2022-11-09|