Stock Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Phoenix Biotech Acquisition Corp. (NASDAQ:PBAX)
Bear Market Rally (-75) - PBAX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PBAX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PBAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PBAX
The long-term trend has been DOWN since Dec 3rd, 2021 at 9.92
The intermediate-term trend has been UP since Jan 4th, 2022 at 9.97
The short-term trend has been DOWN since Jan 6th, 2022 at 9.91
Smart Scan Analysis for PBAX
Based on our trend formula, PBAX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.62||52wk High Date||2021-12-01|
|52wk Low||9.71||52wk Low Date||2021-12-09|
|Average Volume||30,356||Shares Outstanding||18,385|