Stock Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Mercury Ecommerce Acquisition Corp (NASDAQ:MEAC)
Countertrend Up (+85) - MEAC 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 MEAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEAC
The long-term trend has been UP since Oct 14th, 2021 at 9.83
The intermediate-term trend has been UP since Oct 14th, 2021 at 9.83
The short-term trend has been UP since Oct 20th, 2021 at 9.84
Smart Scan Analysis for MEAC
Based on our trend formula, MEAC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.4241||52wk High Date||2021-09-17|
|52wk Low||9.63||52wk Low Date||2021-09-22|
|Average Volume||65,387||Shares Outstanding||18,042|