Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Bellevue Life Sciences Acquisition Corp. (NASDAQ:BLAC)
Sidelines Mode (+55) - BLAC 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 BLAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for BLAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BLAC
The long-term trend has been UP since May 3rd, 2023 at 10.13
The intermediate-term trend has been DOWN since Nov 13th, 2023 at 10.43
The short-term trend has been UP since Nov 13th, 2023 at 10.75
Smart Scan Analysis for BLAC
Based on our trend formula, BLAC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.16||52wk High Date||2023-11-13|
|52wk Low||10.07||52wk Low Date||2023-03-20|
|Average Volume||9,094||Shares Outstanding||9,055|