Stock Trend Analysis Report
Prepared for you on Saturday, April 17, 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 UP since May 18th, 2020 at 13.70
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 33.00
The short-term trend has been UP since Apr 14th, 2021 at 29.48
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||7.51||52wk Low Date||2020-04-22|
|Average Volume||691,114||Shares Outstanding||136,225|