Stock Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
OmniLit Acquisition Corp. - Units (NASDAQ:OLITU)
Bear Market Rally (-75) - OLITU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OLITU as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OLITU?
MarketClub looks at technical strength and momentum to determine if the timing is right for OLITU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OLITU
The long-term trend has been DOWN since Nov 23rd, 2021 at 10.05
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 10.05
The short-term trend has been UP since Nov 24th, 2021 at 10.08
Smart Scan Analysis for OLITU
Based on our trend formula, OLITU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.09||52wk High Date||2021-11-30|
|52wk Low||10.045||52wk Low Date||2021-11-23|