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Stock Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Macondray Capital Acquisition Corp. I (NASDAQ:DRAY)

Sidelines Mode (-55) - DRAY 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 DRAY?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRAY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_DRAY
Open High Low DRAY Price Change
9.840 9.840 9.840 9.840 +0.005
Entry Signal

MarketClub’s Trade Triangles for DRAY

long term up The long-term trend has been UP since Sep 13th, 2021 at 9.7884

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 9.8000

short term up The short-term trend has been UP since Jan 11th, 2022 at 9.8600

Smart Scan Analysis for DRAY

Based on our trend formula, DRAY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DRAY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.840 9.840 9.840 9.840 +0.005
Prev. Close Volume Bid Ask Time
9.840 1185 2022-01-14 13:50:50
52wk High10.1852wk High Date2021-12-09
52wk Low9.6152wk Low Date2021-08-30
Average Volume68,031Shares Outstanding35,938
Assets291,826,703MLiabilities19,323,166M
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