Bull flag forming on the daily candles.
Upward trendline / higher highs.
Hexo @ the bottom of the trend - good time to buy some cheap shares @ 75 cents before it goes back to 1$+ possible breakout.
Buy some shares.
STATS:
Is Hexo Corp. Common Shares (HEXO) a good investment?
HEXO stock has underperformed the market in the last year with a return of -86.4%, while SPY returned +7.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HEXO shares. However, HEXO has outperformed the market in the last 3 month and 2 week periods, returning +107.4% and +3.3%, while SPY returned +29.2% and -0.9%, respectively. This indicates HEXO has been having a stronger performance recently.
What is the support and resistance for Hexo Corp. Common Shares (HEXO) stock price?
HEXO support price is $.69 and resistance is $.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HEXO stock will trade within this expected range on the day.
Upward trendline / higher highs.
Hexo @ the bottom of the trend - good time to buy some cheap shares @ 75 cents before it goes back to 1$+ possible breakout.
Buy some shares.
STATS:
Is Hexo Corp. Common Shares (HEXO) a good investment?
HEXO stock has underperformed the market in the last year with a return of -86.4%, while SPY returned +7.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HEXO shares. However, HEXO has outperformed the market in the last 3 month and 2 week periods, returning +107.4% and +3.3%, while SPY returned +29.2% and -0.9%, respectively. This indicates HEXO has been having a stronger performance recently.
What is the support and resistance for Hexo Corp. Common Shares (HEXO) stock price?
HEXO support price is $.69 and resistance is $.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HEXO stock will trade within this expected range on the day.