Stock Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
RMG Acquisition Corp. III - Warrant (NASDAQ:RMGCW)
Long-Term Downtrend (-90) - RMGCW is in a strong downtrend that is likely to continue. While RMGCW 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 RMGCW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMGCW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMGCW
The long-term trend has been DOWN since May 9th, 2023 at 0.0800
The intermediate-term trend has been DOWN since Jun 5th, 2023 at 0.0802
The short-term trend has been DOWN since May 17th, 2023 at 0.1000
Smart Scan Analysis for RMGCW
Based on our trend formula, RMGCW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.249899||52wk High Date||2023-03-15|
|52wk Low||0.0001||52wk Low Date||2022-11-23|