Stock Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
Neovasc, Inc Common Shares (NASDAQ:NVCN)
Bear Market Rally (-75) - NVCN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NVCN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NVCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NVCN
The long-term trend has been DOWN since Feb 4th, 2020 at 2.810
The intermediate-term trend has been DOWN since Jun 12th, 2020 at 2.475
The short-term trend has been UP since Jul 7th, 2020 at 2.470
Smart Scan Analysis for NVCN
Based on our trend formula, NVCN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||73||Year High Date||2018-01-23|
|Year Low||0.75||Year Low Date||2018-11-29|
|52wk High||8.65||52wk High Date||2019-12-31|
|52wk Low||1.24||52wk Low Date||2020-04-03|
|Average Volume||157,588||Shares Outstanding||7,648|