Stock Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
BYTE Acquisition Corp. - Class A Ordinary Shares (NASDAQ:BYTS)
Bull Market Weakness (+75) - BYTS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BYTS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BYTS?
MarketClub looks at technical strength and momentum to determine if the timing is right for BYTS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BYTS
The long-term trend has been UP since May 4th, 2022 at 9.81
The intermediate-term trend has been UP since Jun 6th, 2022 at 9.78
The short-term trend has been UP since Jun 15th, 2022 at 9.79
Smart Scan Analysis for BYTS
Based on our trend formula, BYTS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.89||52wk High Date||2022-06-21|
|52wk Low||9.62||52wk Low Date||2021-08-23|
|Average Volume||87,376||Shares Outstanding||41,492|