Stock Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Moringa Acquisition Corp - Units (NASDAQ:MACAU)
Long-Term Downtrend (-90) - MACAU is in a strong downtrend that is likely to continue. While MACAU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MACAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for MACAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MACAU
The long-term trend has been DOWN since Feb 19th, 2021 at 10.67
The intermediate-term trend has been DOWN since Feb 19th, 2021 at 10.67
The short-term trend has been DOWN since Feb 23rd, 2021 at 10.41
Smart Scan Analysis for MACAU
Based on our trend formula, MACAU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.95||52wk High Date||2021-02-19|
|52wk Low||10.39||52wk Low Date||2021-02-24|