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Stock Trend Analysis Report

Prepared for you on Tuesday, May 30, 2023.

Electrameccanica Vehicles Corp. Ltd. (NASDAQ:SOLO)

Sidelines Mode (-55) - SOLO 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 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.

NASDAQ_SOLO
Open High Low SOLO Price Change
0.5355 0.5590 0.5300 0.5504 +0.0004
Entry Signal

MarketClub’s Trade Triangles for SOLO

long term down The long-term trend has been DOWN since Nov 22nd, 2021 at 3.180

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2023 at 0.492

short term up The short-term trend has been UP since May 19th, 2023 at 0.515

Smart Scan Analysis for SOLO

Based on our trend formula, SOLO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SOLO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5355 0.5590 0.5300 0.5504 +0.0004
Prev. Close Volume Bid Ask Time
0.5590 345618 2023-05-26 15:59:38
Year High8.25Year High Date2018-06-05
Year Low1.29Year Low Date2018-11-15
52wk High1.8752wk High Date2022-08-15
52wk Low0.4452wk Low Date2023-03-29
Average Volume567,766Shares Outstanding119,288
Market Cap89MAssets181,246,429M
Liabilities53,920,902MVolatility274.88
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