Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Summit Healthcare Acquisition Corp. - Class A Ordinary Share (NASDAQ:SMIH)
Sidelines Mode (+55) - SMIH 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 SMIH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMIH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMIH
The long-term trend has been DOWN since Aug 9th, 2021 at 9.7087
The intermediate-term trend has been UP since Sep 14th, 2021 at 9.6000
The short-term trend has been DOWN since Oct 20th, 2021 at 9.6900
Smart Scan Analysis for SMIH
Based on our trend formula, SMIH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.8276||52wk High Date||2021-08-06|
|52wk Low||8.92||52wk Low Date||2021-08-05|
|Average Volume||103,857||Shares Outstanding||25,750|