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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.

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NASDAQ_IGNYU
Open High Low IGNYU Price Change
10.0900 10.2900 10.0174 10.0201 -0.0199
Entry Signal

MarketClub’s Trade Triangles for IGNYU

long term down The long-term trend has been DOWN since Mar 2nd, 2021 at 10.29

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 10.36

short term down 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).

-100
Smart Scan Analysis for IGNYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.0900 10.2900 10.0174 10.0201 -0.0199
Prev. Close Volume Bid Ask Time
10.1100 7112 2021-03-05 15:42:00
52wk High10.8852wk High Date2021-02-22
52wk Low10.0252wk Low Date2021-03-04
Average Volume26,684Assets105,000M
Liabilities80,310M
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