Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
FTAC Parnassus Acquisition Corp. - Class A (NASDAQ:FTPA)
Countertrend Up (+85) - FTPA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FTPA?
MarketClub looks at technical strength and momentum to determine if the timing is right for FTPA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FTPA
The long-term trend has been UP since Jun 21st, 2021 at 10.05
The intermediate-term trend has been UP since Oct 5th, 2021 at 9.77
The short-term trend has been UP since Oct 5th, 2021 at 9.77
Smart Scan Analysis for FTPA
Based on our trend formula, FTPA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.15||52wk High Date||2021-07-13|
|52wk Low||9.62||52wk Low Date||2021-06-14|
|Average Volume||24,964||Shares Outstanding||34,253|