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Stock Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

COVA Acquisition Corp. - Warrants to purchase Class A ordinary shares (NASDAQ:COVAW)

Bear Market Rally (-75) - COVAW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on COVAW as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid COVAW?

MarketClub looks at technical strength and momentum to determine if the timing is right for COVAW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_COVAW
Open High Low COVAW Price Change
0.5900 0.6096 0.5715 0.6000 +0.0300
Entry Signal

MarketClub’s Trade Triangles for COVAW

long term down The long-term trend has been DOWN since Apr 19th, 2021 at 0.580049

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 0.580049

short term up The short-term trend has been UP since Apr 30th, 2021 at 0.600000

Smart Scan Analysis for COVAW

Based on our trend formula, COVAW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for COVAW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5900 0.6096 0.5715 0.6000 +0.0300
Prev. Close Volume Bid Ask Time
0.6000 487242 2021-05-05 15:54:00
52wk High0.9852wk High Date2021-04-01
52wk Low0.540452wk Low Date2021-04-28
Average Volume153,600
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