Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Macondray Capital Acquisition Corp. I - Unit (NASDAQ:DRAYU)
Strong Downtrend (-100) - DRAYU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DRAYU?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRAYU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRAYU
The long-term trend has been DOWN since Jul 9th, 2021 at 9.99
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 9.97
The short-term trend has been DOWN since Oct 19th, 2021 at 9.97
Smart Scan Analysis for DRAYU
Based on our trend formula, DRAYU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.03||52wk High Date||2021-07-02|
|52wk Low||9.8||52wk Low Date||2021-09-01|