Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Summit Healthcare Acquisition Corp. - Units (NASDAQ:SMIHU)
Countertrend Down (-85) - SMIHU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SMIHU?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMIHU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMIHU
The long-term trend has been DOWN since Jul 19th, 2021 at 9.9500
The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 9.9121
The short-term trend has been UP since Oct 21st, 2021 at 9.9600
Smart Scan Analysis for SMIHU
Based on our trend formula, SMIHU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.4||52wk High Date||2021-06-29|
|52wk Low||9.66||52wk Low Date||2021-08-23|