Stock Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
Trident Acquisitions Corp (NASDAQ:TDAC)
Sidelines Mode (-55) - TDAC 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 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 DOWN since Mar 4th, 2021 at 11.18
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 12.01
The short-term trend has been UP since Apr 9th, 2021 at 13.10
Smart Scan Analysis for TDAC
Based on our trend formula, TDAC is rated as a -55 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||10.52||52wk Low Date||2020-04-23|
|Average Volume||317,652||Shares Outstanding||11,968|