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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.

NASDAQ_SMIHU
Open High Low SMIHU Price Change
9.9300 9.9760 9.9100 9.9105 -0.0795
Entry Signal

MarketClub’s Trade Triangles for SMIHU

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 9.9500

intermediate term down The intermediate-term trend has been DOWN since Aug 23rd, 2021 at 9.9121

short term up 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).

-85
Smart Scan Analysis for SMIHU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9300 9.9760 9.9100 9.9105 -0.0795
Prev. Close Volume Bid Ask Time
9.9150 6602 2021-10-21 15:04:00
52wk High10.452wk High Date2021-06-29
52wk Low9.6652wk Low Date2021-08-23
Average Volume147,146Assets202,173,211M
Liabilities25,626,399M
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