Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Aldel Financial Inc. Class A (NYSE:ADF)
Sidelines Mode (+55) - ADF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ADF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADF
The long-term trend has been UP since Aug 18th, 2021 at 9.87
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 10.04
The short-term trend has been UP since Oct 14th, 2021 at 10.07
Smart Scan Analysis for ADF
Based on our trend formula, ADF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.13||52wk High Date||2021-09-17|
|52wk Low||9.61||52wk Low Date||2021-06-18|
|Average Volume||52,386||Shares Outstanding||12,073|