Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Electric Last Mile Solutions, Inc. - Class A (NASDAQ:ELMS)
Weak Downtrend (-65) - ELMS is showing signs of a strengthening downtrend. Monitor ELMS as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ELMS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELMS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELMS
The long-term trend has been DOWN since Jun 30th, 2021 at 10.7100
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 7.3500
The short-term trend has been UP since Oct 13th, 2021 at 7.0786
Smart Scan Analysis for ELMS
Based on our trend formula, ELMS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||15.3||52wk High Date||2020-12-28|
|52wk Low||6.43||52wk Low Date||2021-10-06|
|Average Volume||476,829||Shares Outstanding||124,027|