Stock Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Denali Capital Acquisition Corp. - Warrant (NASDAQ:DECAW)
Long-Term Downtrend (-90) - DECAW is in a strong downtrend that is likely to continue. While DECAW 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 DECAW?
MarketClub looks at technical strength and momentum to determine if the timing is right for DECAW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DECAW
The long-term trend has been DOWN since Jun 13th, 2022 at 0.095
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.095
The short-term trend has been DOWN since Jun 13th, 2022 at 0.095
Smart Scan Analysis for DECAW
Based on our trend formula, DECAW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.12||52wk High Date||2022-06-21|
|52wk Low||0.0901||52wk Low Date||2022-06-13|