Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Biotech Acquisition Company - Unit (NASDAQ:BIOTU)
Countertrend Down (-85) - BIOTU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BIOTU?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIOTU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BIOTU
The long-term trend has been DOWN since Mar 2nd, 2021 at 10.230
The intermediate-term trend has been DOWN since Apr 28th, 2021 at 9.945
The short-term trend has been UP since May 6th, 2021 at 10.020
Smart Scan Analysis for BIOTU
Based on our trend formula, BIOTU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.95||52wk High Date||2021-02-10|
|52wk Low||9.79||52wk Low Date||2021-03-25|