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Stock Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Bite Acquisition Corp. Units, each consisting of one share of common stock and one-half of one redeemable warrant (NYSE:BITE.U)
Countertrend Down (-85) - BITE.U is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BITE.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITE.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BITE.U
The long-term trend has been DOWN since Feb 17th, 2021 at 10.220
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 10.220
The short-term trend has been UP since Feb 26th, 2021 at 10.225
Smart Scan Analysis for BITE.U
Based on our trend formula, BITE.U is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.2500 | 10.2500 | 10.0601 | 10.0699 | -0.1101 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.0699 | 138607 | 2021-02-26 15:50:30 |
| 52wk High | 10.33 | 52wk High Date | 2021-02-12 |
| 52wk Low | 10.13 | 52wk Low Date | 2021-02-25 |
| Average Volume | 916,672 |