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.
MarketClub’s Trade Triangles for COVAW
The long-term trend has been DOWN since Apr 19th, 2021 at 0.580049
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 0.580049
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).
|52wk High||0.98||52wk High Date||2021-04-01|
|52wk Low||0.5404||52wk Low Date||2021-04-28|