Stock Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
FTAC Emerald Acquisition Corp. (NASDAQ:EMLD)
Crossroads (-60) - EMLD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EMLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMLD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMLD
The long-term trend has been UP since Feb 22nd, 2022 at 9.70
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 10.43
The short-term trend has been DOWN since Sep 11th, 2023 at 10.44
Smart Scan Analysis for EMLD
Based on our trend formula, EMLD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.66||52wk High Date||2023-06-09|
|52wk Low||9.78||52wk Low Date||2022-10-05|
|Average Volume||1,917,391||Shares Outstanding||34,461|