Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Alussa Energy Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Ordinary Share at an exercise price of $11.50 (NYSE:ALUS.WS)
Sidelines Mode (+55) - ALUS.WS 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 ALUS.WS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALUS.WS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALUS.WS
The long-term trend has been UP since Jul 10th, 2020 at 0.79
The intermediate-term trend has been DOWN since Sep 15th, 2020 at 0.59
The short-term trend has been UP since Sep 21st, 2020 at 0.75
Smart Scan Analysis for ALUS.WS
Based on our trend formula, ALUS.WS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).