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Stock Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Electrameccanica Vehicles Corp Ltd (NASDAQ:SOLO)

Long-Term Downtrend (-90) - SOLO is in a strong downtrend that is likely to continue. While SOLO is showing intraday strength, it remains in the confines of a bearish trend. 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.

Open High Low SOLO Price Change
5.31 5.33 4.34 5.05 -0.32
Entry Signal

MarketClub’s Trade Triangles for SOLO

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 5.300

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 7.160

short term down The short-term trend has been DOWN since Feb 11th, 2021 at 8.085

Smart Scan Analysis for SOLO

Based on our trend formula, SOLO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SOLO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.31 5.33 4.34 5.05 -0.32
Prev. Close Volume Bid Ask Time
5.05 13276713 2021-03-05 15:59:55
Year High8.25Year High Date2018-06-05
Year Low1.29Year Low Date2018-11-15
52wk High13.652wk High Date2020-11-20
52wk Low0.890152wk Low Date2020-03-16
Average Volume14,263,799Shares Outstanding37,049
Market Cap89MAssets70,575,052M
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