Stock Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
European Biotech Acquisition Corp. - Class A Ordinary Shares (NASDAQ:EBAC)
Bull Market Weakness (+75) - EBAC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EBAC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EBAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EBAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EBAC
The long-term trend has been UP since Apr 5th, 2022 at 9.75
The intermediate-term trend has been UP since Feb 7th, 2022 at 9.72
The short-term trend has been UP since Jun 30th, 2022 at 9.79
Smart Scan Analysis for EBAC
Based on our trend formula, EBAC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.84||52wk High Date||2022-05-05|
|52wk Low||9.59||52wk Low Date||2021-08-05|
|Average Volume||20,506||Shares Outstanding||16,399|