Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Moringa Acquisition Corp - Class A Ordinary Shares (NASDAQ:MACA)
Bull Market Weakness (+75) - MACA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MACA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MACA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MACA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MACA
The long-term trend has been UP since Oct 13th, 2021 at 9.73
The intermediate-term trend has been UP since Sep 9th, 2021 at 9.65
The short-term trend has been UP since Aug 30th, 2021 at 9.63
Smart Scan Analysis for MACA
Based on our trend formula, MACA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.18||52wk High Date||2021-04-08|
|52wk Low||9.6||52wk Low Date||2021-08-13|
|Average Volume||22,924||Shares Outstanding||11,980|