Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
INNOVARO INC (NASDAQ:INNI)
Countertrend Up (+85) - INNI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid INNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for INNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INNI
The long-term trend has been UP since Nov 2nd, 2023 at 0.0180
The intermediate-term trend has been UP since Oct 27th, 2023 at 0.0139
The short-term trend has been UP since Oct 27th, 2023 at 0.0150
Smart Scan Analysis for INNI
Based on our trend formula, INNI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0069||Year High Date||2018-01-11|
|Year Low||0.0024||Year Low Date||2018-10-26|
|52wk High||0.0449||52wk High Date||2023-04-18|
|52wk Low||0.0024||52wk Low Date||2022-12-30|
|Average Volume||21,308||Shares Outstanding||16,151|