Stock Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Alberton Acquisition Corporation - Ordinary Shares (NASDAQ:ALAC)
Sidelines Mode (-55) - ALAC 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 ALAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALAC
The long-term trend has been DOWN since Mar 4th, 2021 at 10.6000
The intermediate-term trend has been UP since Apr 8th, 2021 at 11.1899
The short-term trend has been DOWN since Apr 12th, 2021 at 10.8800
Smart Scan Analysis for ALAC
Based on our trend formula, ALAC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.5||Year High Date||2018-11-06|
|Year Low||9.65||Year Low Date||2018-11-21|
|52wk High||16.25||52wk High Date||2021-01-14|
|52wk Low||9.68||52wk Low Date||2021-03-04|
|Average Volume||49,603||Shares Outstanding||4,615|