Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Covetrus, Inc. (NASDAQ:CVET)
Sidelines Mode (-55) - CVET 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 CVET?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CVET
The long-term trend has been DOWN since Apr 20th, 2021 at 27.50
The intermediate-term trend has been UP since Oct 15th, 2021 at 20.26
The short-term trend has been DOWN since Oct 25th, 2021 at 19.88
Smart Scan Analysis for CVET
Based on our trend formula, CVET is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||40.775||52wk High Date||2021-02-11|
|52wk Low||17.59||52wk Low Date||2021-10-06|
|Average Volume||690,515||Shares Outstanding||137,617|