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Stock Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

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.

Open High Low HEXO Price Change
1.31 1.32 1.24 1.27 -0.06
Entry Signal

MarketClub’s Trade Triangles for HEXO

long term down The long-term trend has been DOWN since Aug 26th, 2021 at 2.49

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 1.37

short term up The short-term trend has been UP since Mar 27th, 2023 at 1.31

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).

Smart Scan Analysis for HEXO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.31 1.32 1.24 1.27 -0.06
Prev. Close Volume Bid Ask Time
1.28 227638 2023-03-28 15:59:45
52wk High10.06652wk High Date2022-03-28
52wk Low0.900652wk Low Date2022-12-28
Average Volume439,939Shares Outstanding14,312
P/E Ratio-0.03840000
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