Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
VALENS CO INC (TSE:VLNS)
Long-Term Downtrend (-90) - VLNS is in a strong downtrend that is likely to continue. While VLNS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VLNS?
MarketClub looks at technical strength and momentum to determine if the timing is right for VLNS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VLNS
The long-term trend has been DOWN since Jul 19th, 2021 at 2.310
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 2.840
The short-term trend has been DOWN since Oct 14th, 2021 at 2.155
Smart Scan Analysis for VLNS
Based on our trend formula, VLNS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).