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Stock Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
BYTE Acquisition Corp. - Class A Ordinary Shares (NASDAQ:BYTS)
Sidelines Mode (-55) - BYTS 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 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.
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MarketClub’s Trade Triangles for BYTS
The long-term trend has been DOWN since Mar 15th, 2023 at 10.02
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 10.18
The short-term trend has been UP since Mar 21st, 2023 at 10.18
Smart Scan Analysis for BYTS
Based on our trend formula, BYTS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.180 | 10.250 | 10.145 | 10.250 | +0.070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.260 | 16562 | 2023-03-22 15:30:28 |
| 52wk High | 10.91 | 52wk High Date | 2023-03-10 |
| 52wk Low | 9.74 | 52wk Low Date | 2022-03-28 |
| Average Volume | 7,189 | Shares Outstanding | 41,492 |
| Assets | 327,088,719M | Liabilities | 12,723,956M |
| P/E Ratio | 41.04 |