Stock Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Black Mountain Acquisition Corp. Units, each consisting of one share of Class A common stock and three quarters of one warrant (NYSE:BMAC.U)
Long-Term Uptrend (+90) - BMAC.U is in a strong uptrend that is likely to continue. While BMAC.U 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 BMAC.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMAC.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BMAC.U
The long-term trend has been UP since Oct 20th, 2021 at 10.080
The intermediate-term trend has been UP since Oct 20th, 2021 at 10.080
The short-term trend has been UP since Nov 5th, 2021 at 10.128
Smart Scan Analysis for BMAC.U
Based on our trend formula, BMAC.U is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.3||52wk High Date||2021-11-23|
|52wk Low||10.01||52wk Low Date||2021-10-18|