Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
EVgo Inc. - Warrants, each whole warrant exercisable for one share of Class A at an exercise price of $11.50 (NASDAQ:EVGOW)
Bear Market Rally (-75) - EVGOW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EVGOW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EVGOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for EVGOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EVGOW
The long-term trend has been DOWN since Jul 7th, 2021 at 4.1201
The intermediate-term trend has been DOWN since Jul 7th, 2021 at 4.1201
The short-term trend has been UP since Oct 19th, 2021 at 1.7500
Smart Scan Analysis for EVGOW
Based on our trend formula, EVGOW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.27||52wk High Date||2021-01-22|
|52wk Low||0.75||52wk Low Date||2020-11-20|