Stock Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
McLaren Technology Acquisition Corp. (NASDAQ:MLAI)
Countertrend Up (+85) - MLAI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MLAI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLAI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLAI
The long-term trend has been UP since Dec 28th, 2021 at 9.90
The intermediate-term trend has been UP since Dec 28th, 2021 at 9.90
The short-term trend has been UP since Jan 24th, 2022 at 9.97
Smart Scan Analysis for MLAI
Based on our trend formula, MLAI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.41||52wk High Date||2022-01-24|
|52wk Low||9.8||52wk Low Date||2021-12-27|
|Average Volume||62,541||Shares Outstanding||20,125|