Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)
Bull Market Weakness (+75) - PLAO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLAO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLAO?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLAO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLAO
The long-term trend has been UP since Sep 1st, 2022 at 10.105
The intermediate-term trend has been UP since Sep 1st, 2022 at 10.100
The short-term trend has been UP since Nov 2nd, 2023 at 11.010
Smart Scan Analysis for PLAO
Based on our trend formula, PLAO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.97||52wk High Date||2023-08-16|
|52wk Low||10.28||52wk Low Date||2022-12-05|
|Average Volume||87,371||Shares Outstanding||16,880|