Stock Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Decarbonization Plus Acquisition Corporation II - Unit (NASDAQ:DCRNU)
Long-Term Downtrend (-90) - DCRNU is in a strong downtrend that is likely to continue. While DCRNU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DCRNU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DCRNU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DCRNU
The long-term trend has been DOWN since Feb 12th, 2021 at 11.22
The intermediate-term trend has been DOWN since May 11th, 2021 at 10.09
The short-term trend has been DOWN since May 7th, 2021 at 10.13
Smart Scan Analysis for DCRNU
Based on our trend formula, DCRNU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.89||52wk High Date||2021-02-05|
|52wk Low||9.8||52wk Low Date||2021-03-25|