Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Hennessy Capital Investment Corp. VI - Warrant (NASDAQ:HCVIW)
Sidelines Mode (+55) - HCVIW 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 HCVIW?
MarketClub looks at technical strength and momentum to determine if the timing is right for HCVIW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HCVIW
The long-term trend has been UP since Nov 29th, 2021 at 0.899899
The intermediate-term trend has been DOWN since Jul 12th, 2022 at 0.260000
The short-term trend has been UP since Aug 9th, 2022 at 0.200000
Smart Scan Analysis for HCVIW
Based on our trend formula, HCVIW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.14||52wk High Date||2022-01-25|
|52wk Low||0.1351||52wk Low Date||2022-05-20|