Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Mercury Ecommerce Acquisition Corp - Unit (NASDAQ:MEACU)
Bull Market Weakness (+75) - MEACU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MEACU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MEACU?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEACU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEACU
The long-term trend has been UP since Aug 3rd, 2021 at 9.94
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 10.00
The short-term trend has been UP since Oct 20th, 2021 at 10.03
Smart Scan Analysis for MEACU
Based on our trend formula, MEACU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.1||52wk High Date||2021-09-24|
|52wk Low||9.88||52wk Low Date||2021-09-10|