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Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
SOVEREIGN METALS LTD (NASDAQ:SVMLF)
Sidelines Mode (-55) - SVMLF 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 SVMLF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVMLF.
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 SVMLF
The long-term trend has been UP since Dec 15th, 2023 at 0.35000
The intermediate-term trend has been DOWN since Sep 11th, 2024 at 0.40000
The short-term trend has been UP since Sep 13th, 2024 at 0.44204
Smart Scan Analysis for SVMLF
Based on our trend formula, SVMLF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.44770 | 0.44770 | 0.42385 | 0.42390 | -0.03870 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.46260 | 5290 | 2024-09-16 13:22:00 |
| 52wk High | 0.5409 | 52wk High Date | 2024-07-16 |
| 52wk Low | 0.25 | 52wk Low Date | 2023-12-12 |
| Average Volume | 36,099 |