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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Macondray Capital Acquisition Corp. I - Warrant (NASDAQ:DRAYW)

Bull Market Weakness (+75) - DRAYW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DRAYW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid DRAYW?

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

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

NASDAQ_DRAYW
Open High Low DRAYW Price Change
0.6500 0.6798 0.6045 0.6600 +0.0003
Entry Signal

MarketClub’s Trade Triangles for DRAYW

long term down The long-term trend has been DOWN since Sep 1st, 2021 at 0.620700

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2021 at 0.600000

short term up The short-term trend has been UP since Oct 21st, 2021 at 0.578999

Smart Scan Analysis for DRAYW

Based on our trend formula, DRAYW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for DRAYW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6500 0.6798 0.6045 0.6600 +0.0003
Prev. Close Volume Bid Ask Time
0.6797 42061 2021-10-27 15:59:00
52wk High0.7452wk High Date2021-08-23
52wk Low0.510652wk Low Date2021-09-20
Average Volume37,249Assets440,120M
Liabilities422,050M
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