Stock Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Glenfarne Merger Corp. - Unit (NASDAQ:GGMCU)
Bear Market Rally (-75) - GGMCU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GGMCU as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GGMCU?
MarketClub looks at technical strength and momentum to determine if the timing is right for GGMCU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GGMCU
The long-term trend has been DOWN since May 18th, 2021 at 9.60
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 9.98
The short-term trend has been UP since Nov 22nd, 2021 at 9.96
Smart Scan Analysis for GGMCU
Based on our trend formula, GGMCU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.92||52wk High Date||2021-09-29|
|52wk Low||8.88||52wk Low Date||2021-05-18|