Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
RMG Acquisition Corp. II - Warrant (NASDAQ:RMGBW)
Long-Term Downtrend (-90) - RMGBW is in a strong downtrend that is likely to continue. While RMGBW 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 RMGBW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMGBW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMGBW
The long-term trend has been DOWN since Mar 1st, 2021 at 2.14
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 2.22
The short-term trend has been DOWN since May 4th, 2021 at 1.44
Smart Scan Analysis for RMGBW
Based on our trend formula, RMGBW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.05||52wk High Date||2021-02-02|
|52wk Low||1.22||52wk Low Date||2021-03-05|