Stock Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
ACE Convergence Acquisition Corp. - Class A Ordinary Shares (NASDAQ:ACEV)
Sidelines Mode (+55) - ACEV 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 ACEV?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACEV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ACEV
The long-term trend has been UP since Dec 4th, 2020 at 9.8500
The intermediate-term trend has been UP since Nov 6th, 2020 at 9.7500
The short-term trend has been DOWN since Feb 19th, 2021 at 12.4131
Smart Scan Analysis for ACEV
Based on our trend formula, ACEV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.5||52wk High Date||2021-02-16|
|52wk Low||9.6||52wk Low Date||2020-10-30|
|Average Volume||1,219,062||Shares Outstanding||23,000|