Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
RMG Acquisition Corp. III - Class A Ordinary Shares (NASDAQ:RMGC)
Bull Market Weakness (+75) - RMGC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RMGC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RMGC?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMGC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMGC
The long-term trend has been DOWN since May 19th, 2021 at 9.7500
The intermediate-term trend has been UP since Sep 7th, 2021 at 9.7203
The short-term trend has been UP since Oct 25th, 2021 at 9.7600
Smart Scan Analysis for RMGC
Based on our trend formula, RMGC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.09||52wk High Date||2021-05-03|
|52wk Low||9.58||52wk Low Date||2021-08-30|
|Average Volume||72,107||Shares Outstanding||60,375|