Stock Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
RMG Acquisition Corp. II - Unit (NASDAQ:RMGBU)
Sidelines Mode (-55) - RMGBU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RMGBU?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMGBU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMGBU
The long-term trend has been DOWN since Mar 4th, 2021 at 10.38
The intermediate-term trend has been DOWN since Mar 2nd, 2021 at 11.39
The short-term trend has been UP since Apr 9th, 2021 at 10.69
Smart Scan Analysis for RMGBU
Based on our trend formula, RMGBU is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.15||52wk High Date||2021-02-24|
|52wk Low||10.2||52wk Low Date||2020-12-10|