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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
SRIVARU Holding Limited (NASDAQ:SVMH)
Long-Term Downtrend (-90) - SVMH is in a strong downtrend that is likely to continue. While SVMH 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 SVMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SVMH
The long-term trend has been DOWN since Jan 5th, 2024 at 0.2950
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.1960
The short-term trend has been DOWN since May 1st, 2024 at 0.1681
Smart Scan Analysis for SVMH
Based on our trend formula, SVMH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1327 | 0.1370 | 0.1174 | 0.1312 | -0.0008 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1320 | 2003605 | 2024-05-08 15:55:02 |
| 52wk High | 0.8355 | 52wk High Date | 2023-12-14 |
| 52wk Low | 0.113 | 52wk Low Date | 2024-05-03 |
| Average Volume | 826,965 | Shares Outstanding | 32,147 |