Stock Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
IG Acquisition Corp. (NASDAQ:IGAC)
Bear Market Rally (-75) - IGAC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IGAC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IGAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGAC
The long-term trend has been DOWN since Mar 24th, 2021 at 9.7000
The intermediate-term trend has been UP since Apr 14th, 2021 at 9.9900
The short-term trend has been DOWN since Apr 16th, 2021 at 9.8801
Smart Scan Analysis for IGAC
Based on our trend formula, IGAC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.25||52wk High Date||2021-02-05|
|52wk Low||9.58||52wk Low Date||2021-03-25|
|Average Volume||67,535||Shares Outstanding||37,500|