Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
Wejo Group Limited (NASDAQ:WEJO)
Long-Term Downtrend (-90) - WEJO is in a strong downtrend that is likely to continue. While WEJO 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 WEJO?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEJO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WEJO
The long-term trend has been DOWN since Nov 23rd, 2021 at 8.310
The intermediate-term trend has been DOWN since Mar 8th, 2023 at 0.620
The short-term trend has been DOWN since May 12th, 2023 at 0.345
Smart Scan Analysis for WEJO
Based on our trend formula, WEJO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.58||52wk High Date||2022-06-06|
|52wk Low||0.0845||52wk Low Date||2023-05-31|
|Average Volume||2,980,708||Shares Outstanding||109,901|