Stock Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
Burgundy Technology Acquisition Corporation (NASDAQ:BTAQ)
Sidelines Mode (-55) - BTAQ 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 BTAQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTAQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTAQ
The long-term trend has been DOWN since Mar 25th, 2021 at 9.75
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.66
The short-term trend has been UP since Apr 6th, 2021 at 9.97
Smart Scan Analysis for BTAQ
Based on our trend formula, BTAQ is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.9||52wk High Date||2021-01-25|
|52wk Low||9.64||52wk Low Date||2020-10-29|
|Average Volume||639,127||Shares Outstanding||44,188|