Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Malacca Straits Acquisition Company Limited - Class A Ordinary Shares (NASDAQ:MLAC)
Strong Uptrend (+100) - MLAC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MLAC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MLAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLAC
The long-term trend has been UP since Sep 22nd, 2021 at 9.94
The intermediate-term trend has been UP since Sep 20th, 2021 at 9.92
The short-term trend has been UP since Sep 20th, 2021 at 9.92
Smart Scan Analysis for MLAC
Based on our trend formula, MLAC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.5||52wk High Date||2021-02-25|
|52wk Low||9.62||52wk Low Date||2020-10-28|
|Average Volume||31,859||Shares Outstanding||17,969|