Stock Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
EVgo Inc. (NASDAQ:EVGO)
Long-Term Downtrend (-90) - EVGO is in a strong downtrend that is likely to continue. While EVGO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EVGO?
MarketClub looks at technical strength and momentum to determine if the timing is right for EVGO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EVGO
The long-term trend has been DOWN since May 17th, 2023 at 5.1700
The intermediate-term trend has been DOWN since Aug 22nd, 2023 at 4.0806
The short-term trend has been DOWN since Sep 18th, 2023 at 3.8400
Smart Scan Analysis for EVGO
Based on our trend formula, EVGO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.8654||52wk High Date||2022-09-22|
|52wk Low||3.45||52wk Low Date||2023-06-23|
|Average Volume||2,649,342||Shares Outstanding||299,187|