Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Cue Health Inc. (NASDAQ:HLTH)
Bear Market Rally (-75) - HLTH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HLTH as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HLTH?
MarketClub looks at technical strength and momentum to determine if the timing is right for HLTH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HLTH
The long-term trend has been DOWN since Sep 28th, 2021 at 18.00
The intermediate-term trend has been UP since Aug 4th, 2022 at 3.70
The short-term trend has been DOWN since Aug 16th, 2022 at 4.37
Smart Scan Analysis for HLTH
Based on our trend formula, HLTH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.55||52wk High Date||2021-09-24|
|52wk Low||2.75||52wk Low Date||2022-07-26|
|Average Volume||531,819||Shares Outstanding||148,073|