Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
East Resources Acquisition Company - Class A (NASDAQ:ERES)
Long-Term Downtrend (-90) - ERES is in a strong downtrend that is likely to continue. While ERES is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ERES?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERES.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ERES
The long-term trend has been DOWN since Mar 25th, 2021 at 9.675
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.370
The short-term trend has been DOWN since May 6th, 2021 at 9.780
Smart Scan Analysis for ERES
Based on our trend formula, ERES is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.7323||52wk High Date||2021-01-25|
|52wk Low||9.63||52wk Low Date||2021-03-29|
|Average Volume||30,556||Shares Outstanding||34,500|