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Stock Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

Macondray Capital Acquisition Corp. I (NASDAQ:DRAY)

Countertrend Up (+85) - DRAY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
9.82 9.83 9.79 9.83 +0.02
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 up The intermediate-term trend has been UP since Sep 13th, 2021 at 9.7884

short term down The short-term trend has been DOWN since Oct 8th, 2021 at 9.8300

Smart Scan Analysis for DRAY

Based on our trend formula, DRAY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for DRAY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.82 9.83 9.79 9.83 +0.02
Prev. Close Volume Bid Ask Time
9.79 133414 2021-10-14 15:07:15
52wk High10.152wk High Date2021-08-27
52wk Low9.6152wk Low Date2021-08-30
Average Volume111,331Shares Outstanding35,938
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