Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Velocity Acquisition Corp. - Class A (NASDAQ:VELO)
Bear Market Rally (-75) - VELO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VELO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid VELO?
MarketClub looks at technical strength and momentum to determine if the timing is right for VELO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VELO
The long-term trend has been DOWN since Nov 15th, 2021 at 9.75
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 9.85
The short-term trend has been UP since Dec 1st, 2021 at 9.80
Smart Scan Analysis for VELO
Based on our trend formula, VELO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.85||52wk High Date||2021-07-14|
|52wk Low||9.59||52wk Low Date||2021-05-18|
|Average Volume||72,433||Shares Outstanding||28,750|