Stock Trend Analysis Report
Prepared for you on Thursday, December 8, 2022.
Alvotech - Warrant (NASDAQ:ALVOW)
Strong Downtrend (-100) - ALVOW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALVOW continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ALVOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALVOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALVOW
The long-term trend has been DOWN since Nov 11th, 2022 at 0.600
The intermediate-term trend has been DOWN since Nov 11th, 2022 at 0.610
The short-term trend has been DOWN since Dec 7th, 2022 at 0.481
Smart Scan Analysis for ALVOW
Based on our trend formula, ALVOW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.24||52wk High Date||2022-10-24|
|52wk Low||0.3602||52wk Low Date||2022-07-06|