Stock Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
CANADIAN OVERSEA PETE NEW (NASDAQ:VELXF)
Sidelines Mode (+55) - VELXF 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 VELXF?
MarketClub looks at technical strength and momentum to determine if the timing is right for VELXF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VELXF
The long-term trend has been UP since Feb 5th, 2021 at 0.011800
The intermediate-term trend has been UP since Feb 5th, 2021 at 0.010336
The short-term trend has been DOWN since Mar 3rd, 2021 at 0.004100
Smart Scan Analysis for VELXF
Based on our trend formula, VELXF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0161||Year High Date||2018-01-26|
|Year Low||0.0001||Year Low Date||2018-11-15|
|52wk High||0.015||52wk High Date||2021-02-05|
|52wk Low||0.00001||52wk Low Date||2021-02-02|
|Year End Close||0.182||Average Volume||593,673|