Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Finnovate Acquisition Corp. (NASDAQ:FNVT)
Countertrend Up (+85) - FNVT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FNVT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FNVT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FNVT
The long-term trend has been UP since Feb 1st, 2022 at 9.89
The intermediate-term trend has been UP since Jun 29th, 2022 at 9.94
The short-term trend has been UP since May 4th, 2023 at 10.49
Smart Scan Analysis for FNVT
Based on our trend formula, FNVT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.5||52wk High Date||2023-08-14|
|52wk Low||10.21||52wk Low Date||2022-12-12|
|Average Volume||10,761||Shares Outstanding||9,086|