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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.

NASDAQ_DRAYU
Open High Low DRAYU Price Change
9.940 9.955 9.940 9.955 -0.015
Entry Signal

MarketClub’s Trade Triangles for DRAYU

long term down The long-term trend has been DOWN since Jul 9th, 2021 at 9.99

intermediate term down The intermediate-term trend has been DOWN since Oct 19th, 2021 at 9.97

short term down 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).

-100
Smart Scan Analysis for DRAYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.940 9.955 9.940 9.955 -0.015
Prev. Close Volume Bid Ask Time
9.940 812 2021-10-19 14:50:00
52wk High10.0352wk High Date2021-07-02
52wk Low9.852wk Low Date2021-09-01
Average Volume17,994Assets440,120M
Liabilities422,050M
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