Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
COVA Acquisition Corp. (NASDAQ:COVA)
Sidelines Mode (+55) - COVA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid COVA?
MarketClub looks at technical strength and momentum to determine if the timing is right for COVA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COVA
The long-term trend has been UP since Apr 14th, 2021 at 9.8
The intermediate-term trend has been UP since Apr 14th, 2021 at 9.8
The short-term trend has been DOWN since May 4th, 2021 at 9.7
Smart Scan Analysis for COVA
Based on our trend formula, COVA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10||52wk High Date||2021-03-31|
|52wk Low||9.6||52wk Low Date||2021-04-09|
|Average Volume||93,052||Shares Outstanding||25,000|