Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Phoenix Motor Inc. (NASDAQ:PEV)
Sidelines Mode (+55) - PEV 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 PEV?
MarketClub looks at technical strength and momentum to determine if the timing is right for PEV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PEV
The long-term trend has been DOWN since Jul 15th, 2022 at 2.90
The intermediate-term trend has been UP since Aug 3rd, 2022 at 3.60
The short-term trend has been DOWN since Aug 11th, 2022 at 3.56
Smart Scan Analysis for PEV
Based on our trend formula, PEV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.5||52wk High Date||2022-06-23|
|52wk Low||2.54||52wk Low Date||2022-07-27|
|Average Volume||316,403||Shares Outstanding||19,644|