Stock Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
Progress Acquisition Corp. - Units. (NASDAQ:PGRWU)
Long-Term Downtrend (-90) - PGRWU is in a strong downtrend that is likely to continue. While PGRWU 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 PGRWU?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGRWU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGRWU
The long-term trend has been DOWN since Feb 23rd, 2021 at 10.215
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.215
The short-term trend has been DOWN since Feb 23rd, 2021 at 10.250
Smart Scan Analysis for PGRWU
Based on our trend formula, PGRWU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.39||52wk High Date||2021-02-16|
|52wk Low||10.2||52wk Low Date||2021-02-23|