Stock Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
IGNYTE ACQUISITION CORP. WARRANT (NASDAQ:IGNYW)
Bear Market Rally (-75) - IGNYW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IGNYW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid IGNYW?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGNYW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGNYW
The long-term trend has been DOWN since Mar 25th, 2021 at 1.07
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 1.07
The short-term trend has been UP since Apr 14th, 2021 at 0.92
Smart Scan Analysis for IGNYW
Based on our trend formula, IGNYW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.445||52wk High Date||2021-03-25|
|52wk Low||0.83||52wk Low Date||2021-04-12|