Stock Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
A SPAC II Acquisition Corp. - Unit (NASDAQ:ASCBU)
Long-Term Downtrend (-90) - ASCBU is in a strong downtrend that is likely to continue. While ASCBU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ASCBU?
MarketClub looks at technical strength and momentum to determine if the timing is right for ASCBU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ASCBU
The long-term trend has been DOWN since May 9th, 2022 at 9.99
The intermediate-term trend has been DOWN since May 9th, 2022 at 9.99
The short-term trend has been DOWN since May 9th, 2022 at 9.99
Smart Scan Analysis for ASCBU
Based on our trend formula, ASCBU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.03||52wk High Date||2022-05-03|
|52wk Low||9.9||52wk Low Date||2022-05-16|