Stock Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
Alset Capital Acquisition Corp. - Class A (NASDAQ:ACAX)
Sidelines Mode (+55) - ACAX 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 ACAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ACAX
The long-term trend has been UP since Mar 28th, 2022 at 9.81
The intermediate-term trend has been UP since Mar 28th, 2022 at 9.81
The short-term trend has been DOWN since May 9th, 2022 at 9.87
Smart Scan Analysis for ACAX
Based on our trend formula, ACAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.93||52wk High Date||2022-05-06|
|52wk Low||9.8||52wk Low Date||2022-03-28|
|Average Volume||8,552||Shares Outstanding||8,625|