Stock Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Canoo Inc. - Class A (NASDAQ:GOEV)
Strong Downtrend (-100) - GOEV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GOEV continues to fall. 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.
MarketClub’s Trade Triangles for GOEV
The long-term trend has been DOWN since Jan 18th, 2022 at 6.442
The intermediate-term trend has been DOWN since Dec 13th, 2021 at 9.260
The short-term trend has been DOWN since Jan 14th, 2022 at 6.720
Smart Scan Analysis for GOEV
Based on our trend formula, GOEV is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.88||52wk High Date||2021-02-04|
|52wk Low||5.75||52wk Low Date||2021-08-19|
|Average Volume||3,031,294||Shares Outstanding||246,134|