Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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, SHORTSYMBOL 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
1.76 1.78 1.71 1.73 -0.02
Entry Signal

MarketClub’s Trade Triangles for NVO

long term down The long-term trend has been DOWN since May 11th, 2021 at 2.20

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 1.72

short term down The short-term trend has been DOWN since Oct 12th, 2021 at 1.68

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
1.76 1.78 1.71 1.73 -0.02
Prev. Close Volume Bid Ask Time
1.72 129613 2021-10-15 15:59:54
Get a free daily analysis and signals for NOVO RESOURCES CORP (NVO) - Request Your Free Report.