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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.

Open High Low BMAC Price Change
10.59 10.60 10.58 10.60 +0.09
Entry Signal

MarketClub’s Trade Triangles for BMAC

long term down The long-term trend has been DOWN since Sep 13th, 2023 at 10.53

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2023 at 10.64

short term up 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).

Smart Scan Analysis for BMAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.59 10.60 10.58 10.60 +0.09
Prev. Close Volume Bid Ask Time
10.60 574918 2023-12-06 15:15:23
52wk High11.7952wk High Date2023-08-10
52wk Low10.1352wk Low Date2022-12-23
Average Volume144,478Shares Outstanding11,843
P/E Ratio176.6667
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