Stock Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
HEXO Corp. (NYSE:HEXO)
Crossroads (+60) - HEXO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HEXO?
MarketClub looks at technical strength and momentum to determine if the timing is right for HEXO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HEXO
The long-term trend has been DOWN since Aug 21st, 2019 at 4.1900
The intermediate-term trend has been UP since May 18th, 2020 at 0.5737
The short-term trend has been UP since May 15th, 2020 at 0.5040
Smart Scan Analysis for HEXO
Based on our trend formula, HEXO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.4||52wk High Date||2019-04-29|
|52wk Low||0.3455||52wk Low Date||2020-03-18|
|Average Volume||4,513,380||Shares Outstanding||70,267|