Stock Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Covetrus, Inc. (NASDAQ:CVET)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CVET
The long term trend has been UP since Jan 17th, 2020 at 15.12
The intermediate term trend has been UP since Jan 7th, 2020 at 13.88
The short term trend has been DOWN since Jan 23rd, 2020 at 14.78
Smart Scan Analysis for CVET
Based on a pre-defined weighted trend formula for chart analysis, CVET scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||43.83||52wk High Date||2019-02-08|
|52wk Low||8.16||52wk Low Date||2019-10-22|
|Average Volume||1,388,714||Shares Outstanding||112,123|