Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Trident Acquisitions Corp. (NASDAQ:TDAC)
Long-Term Uptrend (+90) - TDAC is in a strong uptrend that is likely to continue. While TDAC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TDAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for TDAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TDAC
The long-term trend has been UP since Oct 22nd, 2021 at 13.3599
The intermediate-term trend has been UP since Oct 21st, 2021 at 12.5100
The short-term trend has been UP since Oct 14th, 2021 at 11.4100
Smart Scan Analysis for TDAC
Based on our trend formula, TDAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.95||Year High Date||2018-11-20|
|Year Low||9.72||Year Low Date||2018-06-20|
|52wk High||16.87||52wk High Date||2021-02-22|
|52wk Low||10.58||52wk Low Date||2021-03-04|
|Average Volume||157,210||Shares Outstanding||11,968|