Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Innovative International Acquisition Corp. - Class A Ordinary Shares (NASDAQ:IOAC)
Countertrend Up (+85) - IOAC 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 IOAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IOAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IOAC
The long-term trend has been UP since Apr 6th, 2022 at 10.00
The intermediate-term trend has been UP since Jun 8th, 2022 at 10.00
The short-term trend has been UP since Feb 21st, 2023 at 10.49
Smart Scan Analysis for IOAC
Based on our trend formula, IOAC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.78||52wk High Date||2023-01-17|
|52wk Low||9.94||52wk Low Date||2022-03-21|
|Average Volume||8,227||Shares Outstanding||32,110|