Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Malacca Straits Acquisition Company Limited - Warrants (NASDAQ:MLACW)
Bull Market Weakness (+75) - MLACW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MLACW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MLACW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLACW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLACW
The long-term trend has been DOWN since Aug 9th, 2021 at 0.66
The intermediate-term trend has been UP since Oct 26th, 2021 at 0.40
The short-term trend has been UP since Oct 1st, 2021 at 0.39
Smart Scan Analysis for MLACW
Based on our trend formula, MLACW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.75||52wk High Date||2021-02-22|
|52wk Low||0.336||52wk Low Date||2021-09-08|