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Stock Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
NOVO RESOURCES CORP (TSE:NVO)
Bull Market Weakness (+75) - NVO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NVO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NVO?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NVO
The long-term trend has been DOWN since May 1st, 2023 at 0.30
The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.15
The short-term trend has been UP since May 16th, 2024 at 0.14
Smart Scan Analysis for NVO
Based on our trend formula, NVO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.145 | 0.160 | 0.140 | 0.155 | +0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.155 | 155449 | 2024-05-17 15:54:09 |