Stock Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
Mount Rainier Acquisition Corp. - Unit (NASDAQ:RNERU)
Bull Market Weakness (+75) - RNERU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RNERU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RNERU?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNERU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNERU
The long-term trend has been UP since Oct 7th, 2021 at 10.08
The intermediate-term trend has been UP since Oct 7th, 2021 at 10.08
The short-term trend has been UP since Nov 11th, 2021 at 10.14
Smart Scan Analysis for RNERU
Based on our trend formula, RNERU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.21||52wk High Date||2021-11-22|
|52wk Low||10.05||52wk Low Date||2021-10-06|