Stock Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
ACE Convergence Acquisition Corp. - Class A Ordinary Shares (NASDAQ:ACEV)
Bull Market Weakness (+75) - ACEV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ACEV as it may be in the beginning stages of a reversal.
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 DOWN since May 2nd, 2022 at 9.9500
The intermediate-term trend has been UP since Jun 1st, 2022 at 10.0400
The short-term trend has been UP since May 25th, 2022 at 10.0233
Smart Scan Analysis for ACEV
Based on our trend formula, ACEV is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.2||52wk High Date||2022-04-19|
|52wk Low||9.63||52wk Low Date||2022-05-02|
|Average Volume||51,825||Shares Outstanding||13,952|