Stock Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
Virax Biolabs Group Limited (NASDAQ:VRAX)
Long-Term Downtrend (-90) - VRAX is in a strong downtrend that is likely to continue. While VRAX 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 VRAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for VRAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VRAX
The long-term trend has been DOWN since Jul 29th, 2022 at 8.8500
The intermediate-term trend has been DOWN since Mar 29th, 2023 at 0.6607
The short-term trend has been DOWN since Mar 24th, 2023 at 0.6750
Smart Scan Analysis for VRAX
Based on our trend formula, VRAX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29||52wk High Date||2022-07-29|
|52wk Low||0.54||52wk Low Date||2022-12-20|
|Average Volume||3,807,768||Shares Outstanding||11,374|