Stock Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
ACE Convergence Acquisition Corp. - Class A Ordinary Shares (NASDAQ:ACEV)
Countertrend Up (+85) - ACEV 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 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 9.850
The intermediate-term trend has been UP since May 5th, 2021 at 10.055
The short-term trend has been DOWN since May 10th, 2021 at 9.970
Smart Scan Analysis for ACEV
Based on our trend formula, ACEV is rated as a +85 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||279,170||Shares Outstanding||23,000|