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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.

NASDAQ_VELO
Open High Low VELO Price Change
9.7400 9.7552 9.7400 9.7550 +0.0050
Entry Signal

MarketClub’s Trade Triangles for VELO

long term down The long-term trend has been DOWN since Nov 15th, 2021 at 9.75

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 9.85

short term up 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).

-75
Smart Scan Analysis for VELO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.7400 9.7552 9.7400 9.7550 +0.0050
Prev. Close Volume Bid Ask Time
9.7550 3622 2021-12-08 15:58:34
52wk High10.8552wk High Date2021-07-14
52wk Low9.5952wk Low Date2021-05-18
Average Volume72,433Shares Outstanding28,750
Assets230,974,251MLiabilities18,513,622M
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