Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
Ares Acquisition Corporation II Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant (NYSE:AACT.U)
Long-Term Uptrend (+90) - AACT.U is in a strong uptrend that is likely to continue. While AACT.U is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AACT.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for AACT.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AACT.U
The long-term trend has been UP since Apr 26th, 2023 at 10.10
The intermediate-term trend has been UP since Apr 26th, 2023 at 10.10
The short-term trend has been UP since May 3rd, 2023 at 10.12
Smart Scan Analysis for AACT.U
Based on our trend formula, AACT.U is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.2||52wk High Date||2023-05-31|
|52wk Low||10.05||52wk Low Date||2023-04-21|