Stock Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
NewHold Investment Corp. (NASDAQ:NHIC)
Long-Term Downtrend (-90) - NHIC is in a strong downtrend that is likely to continue. While NHIC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Mar 4th, 2021 at 9.8399
The intermediate-term trend has been DOWN since May 4th, 2021 at 9.9000
The short-term trend has been DOWN since May 11th, 2021 at 9.8800
Smart Scan Analysis for NHIC
Based on our trend formula, NHIC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.23||52wk High Date||2021-01-26|
|52wk Low||9.43||52wk Low Date||2020-10-09|
|Average Volume||97,033||Shares Outstanding||21,562|