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Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
Melar Acquisition Corp. I - Warrant (NASDAQ:MACIW)
Bear Market Rally (-75) - MACIW is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MACIW as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MACIW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MACIW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MACIW
The long-term trend has been DOWN since Sep 5th, 2024 at 0.090
The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 0.100
The short-term trend has been UP since Sep 12th, 2024 at 0.105
Smart Scan Analysis for MACIW
Based on our trend formula, MACIW is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.104 | 0.120 | 0.100 | 0.120 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.120 | 59916 | 2024-09-12 12:52:00 |
| 52wk High | 0.15 | 52wk High Date | 2024-07-17 |
| 52wk Low | 0.0852 | 52wk Low Date | 2024-09-05 |
| Average Volume | 23,999 |