Stock Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
HEXO Corp. - Common Shares (NASDAQ:HEXO)
Countertrend Down (-85) - HEXO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HEXO?
MarketClub looks at technical strength and momentum to determine if the timing is right for HEXO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HEXO
The long-term trend has been DOWN since Aug 26th, 2021 at 2.490
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 0.520
The short-term trend has been UP since Jul 5th, 2022 at 0.213
Smart Scan Analysis for HEXO
Based on our trend formula, HEXO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.59||52wk High Date||2021-07-06|
|52wk Low||0.191||52wk Low Date||2022-06-30|
|Average Volume||4,932,203||Shares Outstanding||200,369|