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Stock Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

COVA Acquisition Corp. - Warrants to purchase Class A ordinary shares (NASDAQ:COVAW)

Long-Term Downtrend (-90) - COVAW is in a strong downtrend that is likely to continue. While COVAW 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 COVAW?

MarketClub looks at technical strength and momentum to determine if the timing is right for COVAW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_COVAW
Open High Low COVAW Price Change
0.540000 0.600000 0.579899 0.579899 -0.000001
Entry Signal

MarketClub’s Trade Triangles for COVAW

long term down The long-term trend has been DOWN since Apr 19th, 2021 at 0.580049

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2021 at 0.580049

short term down The short-term trend has been DOWN since May 10th, 2021 at 0.570001

Smart Scan Analysis for COVAW

Based on our trend formula, COVAW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for COVAW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.540000 0.600000 0.579899 0.579899 -0.000001
Prev. Close Volume Bid Ask Time
0.579900 5200 2021-05-12 13:22:00
52wk High0.9852wk High Date2021-04-01
52wk Low0.540452wk Low Date2021-04-28
Average Volume112,398
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