Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
EG Acquisition Corp. Class A (NYSE:EGGF)
Sidelines Mode (-55) - EGGF 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 EGGF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGGF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EGGF
The long-term trend has been DOWN since Dec 1st, 2023 at 10.45
The intermediate-term trend has been DOWN since Dec 1st, 2023 at 10.62
The short-term trend has been UP since Dec 7th, 2023 at 11.01
Smart Scan Analysis for EGGF
Based on our trend formula, EGGF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.11||52wk High Date||2023-10-03|
|52wk Low||9.87||52wk Low Date||2022-12-13|
|Average Volume||29,018||Shares Outstanding||9,857|