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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Ignyte Acquisition Corp. - Unit (NASDAQ:IGNYU)

Countertrend Up (+85) - IGNYU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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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Open High Low IGNYU Price Change
10.1 10.1 10.1 10.1 0.0
Entry Signal

MarketClub’s Trade Triangles for IGNYU

long term up The long-term trend has been UP since Jul 21st, 2021 at 10.205

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 10.050

short term up The short-term trend has been UP since Sep 27th, 2021 at 10.030

Smart Scan Analysis for IGNYU

Based on our trend formula, IGNYU is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IGNYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.1 10.1 10.1 10.1 0.0
Prev. Close Volume Bid Ask Time
10.1 150 2021-10-15 09:57:00
52wk High10.8852wk High Date2021-02-22
52wk Low9.941152wk Low Date2021-06-23
Average Volume144Assets58,236,738M
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