Stock Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Electrameccanica Vehicles Corp. Ltd. (NASDAQ:SOLO)
Strong Downtrend (-100) - SOLO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SOLO continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SOLO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOLO
The long-term trend has been DOWN since Nov 22nd, 2021 at 3.18
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 3.26
The short-term trend has been DOWN since Dec 30th, 2021 at 2.21
Smart Scan Analysis for SOLO
Based on our trend formula, SOLO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.25||Year High Date||2018-06-05|
|Year Low||1.29||Year Low Date||2018-11-15|
|52wk High||9.74||52wk High Date||2021-02-04|
|52wk Low||1.77||52wk Low Date||2022-01-24|
|Average Volume||3,011,992||Shares Outstanding||89,310|