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Stock Trend Analysis Report

Prepared for you on Sunday, May 28, 2023.

NOVO RESOURCES CORP (TSE:NVO)

Strong Downtrend (-100) - NVO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NVO continues to fall. Traders should use caution and set stops.

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.

TSE_NVO
Open High Low NVO Price Change
0.240 0.240 0.235 0.235 -0.005
Entry Signal

MarketClub’s Trade Triangles for NVO

long term down The long-term trend has been DOWN since May 1st, 2023 at 0.300

intermediate term down The intermediate-term trend has been DOWN since Apr 20th, 2023 at 0.325

short term down The short-term trend has been DOWN since Apr 28th, 2023 at 0.310

Smart Scan Analysis for NVO

Based on our trend formula, NVO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NVO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.240 0.240 0.235 0.235 -0.005
Prev. Close Volume Bid Ask Time
0.230 4706 2023-05-26 14:00:20
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