Stock Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
NextGen Acquisition Corporation (NASDAQ:NGAC)
Crossroads (-60) - NGAC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NGAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGAC
The long-term trend has been UP since Dec 11th, 2020 at 10.02
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 10.40
The short-term trend has been DOWN since Apr 15th, 2021 at 9.92
Smart Scan Analysis for NGAC
Based on our trend formula, NGAC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16||52wk High Date||2020-12-08|
|52wk Low||9.7||52wk Low Date||2020-12-08|
|Average Volume||592,073||Shares Outstanding||37,500|