Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Denali Capital Acquisition Corp. (NASDAQ:DECA)
Strong Downtrend (-100) - DECA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DECA continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DECA?
MarketClub looks at technical strength and momentum to determine if the timing is right for DECA.
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 DECA
The long-term trend has been DOWN since Jan 9th, 2024 at 10.00
The intermediate-term trend has been DOWN since May 9th, 2024 at 7.71
The short-term trend has been DOWN since Apr 30th, 2024 at 8.26
Smart Scan Analysis for DECA
Based on our trend formula, DECA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.2100 | 8.2093 | 7.5000 | 7.7100 | -0.5900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.3000 | 16837 | 2024-05-09 12:43:04 |
| 52wk High | 14.1 | 52wk High Date | 2024-01-05 |
| 52wk Low | 4.05 | 52wk Low Date | 2024-02-14 |
| Average Volume | 39,015 | Shares Outstanding | 5,048 |
| Assets | 86,279,436M | Liabilities | 4,179,141M |
| P/E Ratio | 15.2917 |