Stock Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Malacca Straits Acquisition Company Limited - Warrants (NASDAQ:MLACW)
Sidelines Mode (-55) - MLACW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 11th, 2020 at 0.46
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 1.25
The short-term trend has been UP since Apr 22nd, 2021 at 0.82
Smart Scan Analysis for MLACW
Based on our trend formula, MLACW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.83||52wk High Date||2020-08-06|
|52wk Low||0.3||52wk Low Date||2020-08-06|