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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
NOVO RESOURCES CORP (TSE:NVO)
Sidelines Mode (+55) - NVO 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 NVO?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVO.
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 NVO
The long-term trend has been DOWN since May 1st, 2023 at 0.30
The intermediate-term trend has been UP since Sep 30th, 2024 at 0.09
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.09
Smart Scan Analysis for NVO
Based on our trend formula, NVO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0900 | 0.0950 | 0.0875 | 0.0950 | +0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0850 | 139085 | 2024-10-22 13:09:58 |