Stock Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
ELECTRIC LAST MILE SOLN A (NASDAQ:ELMSQ)
Bear Market Rally (-75) - ELMSQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ELMSQ as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ELMSQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELMSQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELMSQ
The long-term trend has been DOWN since Jul 21st, 2022 at 0.0901
The intermediate-term trend has been DOWN since Jul 21st, 2022 at 0.0910
The short-term trend has been UP since Aug 8th, 2022 at 0.0073
Smart Scan Analysis for ELMSQ
Based on our trend formula, ELMSQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.49||52wk High Date||2021-11-12|
|52wk Low||0.0001||52wk Low Date||2022-07-25|
|Average Volume||138,435||Shares Outstanding||124,028|