Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Bannix Acquisition Corp. (NASDAQ:BNIX)
Long-Term Uptrend (+90) - BNIX is in a strong uptrend that is likely to continue. While BNIX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BNIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BNIX
The long-term trend has been UP since Nov 16th, 2021 at 9.8300
The intermediate-term trend has been UP since Nov 28th, 2022 at 10.5750
The short-term trend has been UP since Mar 2nd, 2023 at 10.4773
Smart Scan Analysis for BNIX
Based on our trend formula, BNIX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.885||52wk High Date||2023-03-02|
|52wk Low||9.88||52wk Low Date||2022-03-29|
|Average Volume||29,327||Shares Outstanding||9,424|