Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Lexaria Bioscience Corp. (NASDAQ:LEXX)
Sidelines Mode (+55) - LEXX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LEXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for LEXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LEXX
The long-term trend has been UP since Feb 1st, 2021 at 4.79
The intermediate-term trend has been UP since Sep 7th, 2021 at 6.52
The short-term trend has been DOWN since Oct 22nd, 2021 at 6.65
Smart Scan Analysis for LEXX
Based on our trend formula, LEXX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.5||52wk High Date||2021-07-21|
|52wk Low||3.9751||52wk Low Date||2021-01-12|
|Average Volume||93,946||Shares Outstanding||5,104|