Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
RMG Acquisition Corp. II (NASDAQ:RMGB)
Weak Downtrend (-65) - RMGB is showing signs of a strengthening downtrend. Monitor RMGB as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RMGB?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMGB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMGB
The long-term trend has been DOWN since Feb 23rd, 2021 at 10.75
The intermediate-term trend has been UP since May 3rd, 2021 at 10.07
The short-term trend has been DOWN since May 4th, 2021 at 9.95
Smart Scan Analysis for RMGB
Based on our trend formula, RMGB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.08||52wk High Date||2021-02-01|
|52wk Low||9.77||52wk Low Date||2021-03-25|
|Average Volume||242,813||Shares Outstanding||34,500|