Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Inovalon Holdings, Inc. - Class A (NASDAQ:INOV)
Bull Market Weakness (+75) - INOV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on INOV as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid INOV?
MarketClub looks at technical strength and momentum to determine if the timing is right for INOV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INOV
The long-term trend has been UP since Feb 9th, 2021 at 27.50
The intermediate-term trend has been UP since Oct 11th, 2021 at 40.71
The short-term trend has been DOWN since Oct 25th, 2021 at 40.68
Smart Scan Analysis for INOV
Based on our trend formula, INOV is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.2||Year High Date||2018-01-05|
|Year Low||8.9||Year Low Date||2018-05-09|
|52wk High||40.99||52wk High Date||2021-08-31|
|52wk Low||17.56||52wk Low Date||2020-12-21|
|Average Volume||645,945||Shares Outstanding||156,337|