Stock Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Ignyte Acquisition Corp. - Unit (NASDAQ:IGNYU)
Strong Downtrend (-100) - IGNYU 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 IGNYU?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGNYU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGNYU
The long-term trend has been DOWN since Mar 2nd, 2021 at 10.29
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 10.36
The short-term trend has been DOWN since Feb 22nd, 2021 at 10.54
Smart Scan Analysis for IGNYU
Based on our trend formula, IGNYU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.88||52wk High Date||2021-02-22|
|52wk Low||10.02||52wk Low Date||2021-03-04|