Stock Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
Malacca Straits Acquisition Company Limited (NASDAQ:MLAC)
Weak Downtrend (-65) - MLAC is showing signs of a strengthening downtrend. Monitor MLAC as it may be building momentum to the downside.
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 DOWN since Mar 18th, 2021 at 9.76
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.07
The short-term trend has been UP since Apr 9th, 2021 at 9.93
Smart Scan Analysis for MLAC
Based on our trend formula, MLAC is rated as a -65 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||209,087||Shares Outstanding||17,969|