Stock Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
COVA Acquisition Corp. - Unit (NASDAQ:COVAU)
Weak Downtrend (-65) - COVAU is showing signs of a strengthening downtrend. Monitor COVAU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid COVAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for COVAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COVAU
The long-term trend has been UP since Nov 4th, 2021 at 10.063
The intermediate-term trend has been DOWN since Dec 17th, 2021 at 9.980
The short-term trend has been DOWN since Jan 10th, 2022 at 9.950
Smart Scan Analysis for COVAU
Based on our trend formula, COVAU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11||52wk High Date||2021-02-16|
|52wk Low||9.81||52wk Low Date||2021-03-31|