Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Canoo Inc. - Class A (NASDAQ:GOEV)
Bull Market Weakness (+75) - GOEV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GOEV as it may be in the beginning stages of a reversal.
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 Dec 24th, 2020 at 19.00
The intermediate-term trend has been UP since Sep 24th, 2021 at 8.22
The short-term trend has been UP since Oct 12th, 2021 at 6.89
Smart Scan Analysis for GOEV
Based on our trend formula, GOEV is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.9||52wk High Date||2020-12-22|
|52wk Low||5.75||52wk Low Date||2021-08-19|
|Average Volume||5,063,716||Shares Outstanding||244,995|