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Stock Trend Analysis Report

Prepared for you on Sunday, October 1, 2023.

Canoo Inc. - Class A (NASDAQ:GOEV)

Sidelines Mode (+55) - GOEV is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low GOEV Price Change
0.4750 0.4969 0.4750 0.4923 +0.0078
Entry Signal

MarketClub’s Trade Triangles for GOEV

long term up The long-term trend has been UP since Jul 19th, 2023 at 0.8098

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 0.4713

short term up The short-term trend has been UP since Sep 26th, 2023 at 0.4609

Smart Scan Analysis for GOEV

Based on our trend formula, GOEV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GOEV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4750 0.4969 0.4750 0.4923 +0.0078
Prev. Close Volume Bid Ask Time
0.4900 15549727 2023-09-29 15:59:55
52wk High2.0452wk High Date2022-09-29
52wk Low0.413552wk Low Date2023-06-27
Average Volume19,286,468Shares Outstanding635,845
P/E Ratio-0.48650000
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