Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
African Gold Acquisition Corporation Class A Ordinary Shares (NYSE:AGAC)
Long-Term Uptrend (+90) - AGAC is in a strong uptrend that is likely to continue. While AGAC 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 AGAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for AGAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AGAC
The long-term trend has been UP since Sep 30th, 2021 at 9.71
The intermediate-term trend has been UP since Sep 8th, 2021 at 9.67
The short-term trend has been UP since Oct 14th, 2021 at 9.72
Smart Scan Analysis for AGAC
Based on our trend formula, AGAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.75||52wk High Date||2021-10-26|
|52wk Low||9.4||52wk Low Date||2021-03-25|
|Average Volume||13,393||Shares Outstanding||51,750|