Stock Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
Sound Point Acquisition Corp I, Ltd - Warrant (NASDAQ:SPCMW)
Long-Term Downtrend (-90) - SPCMW is in a strong downtrend that is likely to continue. While SPCMW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPCMW?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCMW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPCMW
The long-term trend has been DOWN since Apr 26th, 2022 at 0.2700
The intermediate-term trend has been DOWN since Apr 26th, 2022 at 0.2700
The short-term trend has been DOWN since May 5th, 2022 at 0.2301
Smart Scan Analysis for SPCMW
Based on our trend formula, SPCMW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.28||52wk High Date||2022-05-12|
|52wk Low||0.098||52wk Low Date||2022-05-20|