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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.

NASDAQ_SMIH
Open High Low SMIH Price Change
9.69 9.70 9.67 9.70 0.00
Entry Signal

MarketClub’s Trade Triangles for SMIH

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 9.7087

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2021 at 9.6000

short term down 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).

+55
Smart Scan Analysis for SMIH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.69 9.70 9.67 9.70 0.00
Prev. Close Volume Bid Ask Time
9.70 5290 2021-10-20 13:58:38
52wk High9.827652wk High Date2021-08-06
52wk Low8.9252wk Low Date2021-08-05
Average Volume103,857Shares Outstanding25,750
Assets202,173,211MLiabilities25,626,399M
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