Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
HEXO Corp. - Common Shares (NASDAQ:HEXO)
Long-Term Downtrend (-90) - HEXO is in a strong downtrend that is likely to continue. While HEXO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 2.49
The intermediate-term trend has been DOWN since Aug 26th, 2021 at 2.49
The short-term trend has been DOWN since Oct 18th, 2021 at 1.73
Smart Scan Analysis for HEXO
Based on our trend formula, HEXO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.04||52wk High Date||2021-02-10|
|52wk Low||1.67||52wk Low Date||2021-10-18|
|Average Volume||6,415,807||Shares Outstanding||200,369|