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.
MarketClub’s Trade Triangles for BYNO
The long-term trend has been UP since Apr 11th, 2022 at 9.918
The intermediate-term trend has been UP since Dec 29th, 2022 at 10.110
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).
|52wk High||11.5||52wk High Date||2023-05-31|
|52wk Low||9.91||52wk Low Date||2022-08-23|
|Average Volume||14,310||Shares Outstanding||18,190|