Stock Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
HEXO Corp. (NYSE:HEXO)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HEXO
The long term trend has been DOWN since Aug 21st, 2019 at 4.19
The intermediate term trend has been UP since Jan 16th, 2020 at 2.03
The short term trend has been UP since Jan 14th, 2020 at 1.55
Smart Scan Analysis for HEXO
Based on a pre-defined weighted trend formula for chart analysis, HEXO scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8.4||52wk High Date||2019-04-29|
|52wk Low||1.25||52wk Low Date||2020-01-08|
|Average Volume||6,374,741||Shares Outstanding||70,267|