Stock Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
Galata Acquisition Corp. (AMEX:GLTA)
Countertrend Up (+85) - GLTA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GLTA?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLTA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLTA
The long-term trend has been UP since Apr 19th, 2022 at 9.92
The intermediate-term trend has been UP since Aug 10th, 2022 at 9.95
The short-term trend has been UP since Aug 12th, 2022 at 9.96
Smart Scan Analysis for GLTA
Based on our trend formula, GLTA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.42||52wk High Date||2022-03-24|
|52wk Low||9.56||52wk Low Date||2021-10-22|
|Average Volume||43,300||Shares Outstanding||17,969|