Stock Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
Hennessy Capital Acquisition Corp. IV - Class A (NASDAQ:HCAC)
Strong Downtrend (-100) - HCAC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HCAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for HCAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HCAC
The long-term trend has been DOWN since Oct 13th, 2020 at 10.35
The intermediate-term trend has been DOWN since Oct 6th, 2020 at 10.57
The short-term trend has been DOWN since Oct 22nd, 2020 at 10.35
Smart Scan Analysis for HCAC
Based on our trend formula, HCAC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.5||52wk High Date||2020-09-15|
|52wk Low||9.21||52wk Low Date||2020-03-18|
|Average Volume||2,310,604||Shares Outstanding||30,015|