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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
NOVA CANNABIS INC (TSE:NOVC)
Sidelines Mode (+55) - NOVC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOVC.
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 NOVC
The long-term trend has been UP since Sep 15th, 2023 at 0.66
The intermediate-term trend has been UP since Apr 3rd, 2024 at 1.92
The short-term trend has been DOWN since Apr 12th, 2024 at 1.66
Smart Scan Analysis for NOVC
Based on our trend formula, NOVC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.84 | 1.84 | 1.51 | 1.60 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.62 | 31058 | 2024-04-18 14:54:44 |