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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.

Open High Low FNVT Price Change
11.03 11.03 11.03 11.03 0.00
Entry Signal

MarketClub’s Trade Triangles for FNVT

long term up The long-term trend has been UP since Feb 1st, 2022 at 9.89

intermediate term up The intermediate-term trend has been UP since Jun 29th, 2022 at 9.94

short term up 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).

Smart Scan Analysis for FNVT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.03 11.03 11.03 11.03 0.00
Prev. Close Volume Bid Ask Time
11.03 2500 2023-12-07 15:04:07
52wk High11.552wk High Date2023-08-14
52wk Low10.2152wk Low Date2022-12-12
Average Volume10,761Shares Outstanding9,086
P/E Ratio220.6
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