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Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

byNordic Acquisition Corporation - Class A (NASDAQ:BYNO)

Sidelines Mode (+55) - BYNO 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 BYNO?

MarketClub looks at technical strength and momentum to determine if the timing is right for BYNO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BYNO
Open High Low BYNO Price Change
10.52 11.50 10.51 10.52 +0.01
Entry Signal

MarketClub’s Trade Triangles for BYNO

long term up The long-term trend has been UP since Apr 11th, 2022 at 9.918

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2022 at 10.110

short term down The short-term trend has been DOWN since May 30th, 2023 at 10.510

Smart Scan Analysis for BYNO

Based on our trend formula, BYNO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BYNO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.52 11.50 10.51 10.52 +0.01
Prev. Close Volume Bid Ask Time
10.54 12811 2023-05-31 15:54:04
52wk High11.552wk High Date2023-05-31
52wk Low9.9152wk Low Date2022-08-23
Average Volume14,310Shares Outstanding18,190
Assets179,842,619MLiabilities7,227,535M
P/E Ratio210.8
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