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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.

NASDAQ_BIOTU
Open High Low BIOTU Price Change
10.09 10.01 10.01 10.01 -0.03
Entry Signal

MarketClub’s Trade Triangles for BIOTU

long term down The long-term trend has been DOWN since Mar 2nd, 2021 at 10.230

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2021 at 9.945

short term up 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).

-85
Smart Scan Analysis for BIOTU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.09 10.01 10.01 10.01 -0.03
Prev. Close Volume Bid Ask Time
10.04 102 2021-05-07 09:30:00
52wk High10.9552wk High Date2021-02-10
52wk Low9.7952wk Low Date2021-03-25
Average Volume38,399Assets89,500M
Liabilities69,500M
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