Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Velocity Acquisition Corp. - Warrant (NASDAQ:VELOW)
Long-Term Downtrend (-90) - VELOW is in a strong downtrend that is likely to continue. While VELOW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VELOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for VELOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VELOW
The long-term trend has been DOWN since Sep 3rd, 2021 at 0.6600
The intermediate-term trend has been DOWN since Aug 9th, 2021 at 0.9800
The short-term trend has been DOWN since Sep 9th, 2021 at 0.6301
Smart Scan Analysis for VELOW
Based on our trend formula, VELOW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.35||52wk High Date||2021-07-14|
|52wk Low||0.5296||52wk Low Date||2021-05-03|