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Stock Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Canoo Inc. - Class A (NASDAQ:GOEV)

Long-Term Downtrend (-90) - GOEV is in a strong downtrend that is likely to continue. While GOEV 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 GOEV?

MarketClub looks at technical strength and momentum to determine if the timing is right for GOEV.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_GOEV
Open High Low GOEV Price Change
2.4500 2.4800 2.3466 2.4700 +0.1100
Entry Signal

MarketClub’s Trade Triangles for GOEV

long term down The long-term trend has been DOWN since Oct 5th, 2023 at 0.42

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 2.11

short term down The short-term trend has been DOWN since May 21st, 2024 at 2.62

Smart Scan Analysis for GOEV

Based on our trend formula, GOEV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GOEV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4500 2.4800 2.3466 2.4700 +0.1100
Prev. Close Volume Bid Ask Time
2.4600 1711859 2024-05-24 15:59:57
52wk High19.49707752wk High Date2023-07-19
52wk Low1.2252wk Low Date2024-03-14
Average Volume3,127,375Shares Outstanding726,305
Assets544,676,000MLiabilities360,414,000M
P/E Ratio-0.10650000
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