Stock Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
NewHold Investment Corp. II (NASDAQ:NHIC)
Bull Market Weakness (+75) - NHIC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NHIC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NHIC?
MarketClub looks at technical strength and momentum to determine if the timing is right for NHIC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NHIC
The long-term trend has been UP since Dec 28th, 2022 at 10.55
The intermediate-term trend has been UP since Dec 28th, 2022 at 10.22
The short-term trend has been UP since Feb 16th, 2023 at 10.65
Smart Scan Analysis for NHIC
Based on our trend formula, NHIC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.2||52wk High Date||2022-06-17|
|52wk Low||9.72||52wk Low Date||2022-12-27|
|Average Volume||86,421||Shares Outstanding||24,362|