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Stock Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
Paranovus Entertainment Technology Ltd. - Class A Ordinary Shares (NASDAQ:PAVS)
Long-Term Downtrend (-90) - PAVS is in a strong downtrend that is likely to continue. While PAVS 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 PAVS?
MarketClub looks at technical strength and momentum to determine if the timing is right for PAVS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PAVS
The long-term trend has been DOWN since Apr 26th, 2023 at 3.7500
The intermediate-term trend has been DOWN since Feb 7th, 2024 at 2.2598
The short-term trend has been DOWN since May 15th, 2024 at 1.0500
Smart Scan Analysis for PAVS
Based on our trend formula, PAVS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9116 | 0.9651 | 0.9650 | 0.9500 | +0.0300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8801 | 4120 | 2024-05-17 10:33:58 |
| 52wk High | 4.84 | 52wk High Date | 2023-08-16 |
| 52wk Low | 0.9025 | 52wk Low Date | 2024-05-15 |
| Average Volume | 3,135 | Shares Outstanding | 1,250 |