Stock Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
Thrive Acquisition Corporation (NASDAQ:THAC)
Weak Downtrend (-65) - THAC is showing signs of a strengthening downtrend. Monitor THAC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid THAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for THAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THAC
The long-term trend has been UP since Dec 29th, 2021 at 9.95
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 9.91
The short-term trend has been DOWN since Jan 24th, 2022 at 9.92
Smart Scan Analysis for THAC
Based on our trend formula, THAC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.9789||52wk High Date||2021-12-29|
|52wk Low||9.83||52wk Low Date||2021-12-27|
|Average Volume||14,600||Shares Outstanding||21,562|