Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Black Mountain Acquisition Corp. (NYSE:BMAC)
Bear Market Rally (-75) - BMAC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BMAC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BMAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BMAC
The long-term trend has been DOWN since Sep 13th, 2023 at 10.53
The intermediate-term trend has been DOWN since Sep 13th, 2023 at 10.64
The short-term trend has been UP since Dec 6th, 2023 at 10.55
Smart Scan Analysis for BMAC
Based on our trend formula, BMAC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.79||52wk High Date||2023-08-10|
|52wk Low||10.13||52wk Low Date||2022-12-23|
|Average Volume||144,478||Shares Outstanding||11,843|