Stock Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
Research Alliance Corp. II - Class A (NASDAQ:RACB)
Bear Market Rally (-75) - RACB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RACB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RACB?
MarketClub looks at technical strength and momentum to determine if the timing is right for RACB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RACB
The long-term trend has been DOWN since May 18th, 2021 at 10.15
The intermediate-term trend has been UP since Nov 11th, 2021 at 9.87
The short-term trend has been DOWN since Nov 30th, 2021 at 9.75
Smart Scan Analysis for RACB
Based on our trend formula, RACB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.33||52wk High Date||2021-04-14|
|52wk Low||9.66||52wk Low Date||2021-10-04|
|Average Volume||33,675||Shares Outstanding||19,186|