CLOV stock - Clover Health stock prediction for Thursday September 2nd trading day / Investing

CLOV stock - Clover Health stock prediction for Thursday September 2nd trading day / Investing
Hello everyone, welcome back to my channel. Today we're taking a look at the Clover Health stock, in anticipation of the upcoming Thursday September 2nd trading day.
The Clover Health Investments, Corp. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $8.61. On a fall, the stock will find some support from the long-term average at approximately $8.31. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, June 08, 2021, and so far it has fallen 61 point 76%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Clover Health Investments, Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.