Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Hexo Corp (TSE:HEXO)
Countertrend Down (-85) - HEXO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Jul 7th, 2021 at 6.36
The intermediate-term trend has been DOWN since May 19th, 2021 at 6.98
The short-term trend has been UP since Oct 19th, 2021 at 2.27
Smart Scan Analysis for HEXO
Based on our trend formula, HEXO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.29||Year High Date||2018-10-16|
|Year Low||3.05||Year Low Date||2018-02-05|
|52wk High||9.29||52wk High Date||2018-10-16|
|52wk Low||2.37||52wk Low Date||2017-11-30|