Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Malacca Straits Acquisition Company Limited - Units (NASDAQ:MLACU)
Weak Downtrend (-65) - MLACU is showing signs of a strengthening downtrend. Monitor MLACU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MLACU?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLACU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLACU
The long-term trend has been UP since Dec 1st, 2020 at 10.01
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 10.77
The short-term trend has been DOWN since Mar 2nd, 2021 at 10.90
Smart Scan Analysis for MLACU
Based on our trend formula, MLACU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.23||52wk High Date||2021-02-25|
|52wk Low||9.85||52wk Low Date||2020-09-28|