Free Daily Analysis

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.

NYSE_EGGF
Open High Low EGGF Price Change
10.73 11.47 10.73 11.08 +0.40
Entry Signal

MarketClub’s Trade Triangles for EGGF

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 10.45

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2023 at 10.62

short term up 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).

-55
Smart Scan Analysis for EGGF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.73 11.47 10.73 11.08 +0.40
Prev. Close Volume Bid Ask Time
10.87 6139 2023-12-07 14:35:54
52wk High12.1152wk High Date2023-10-03
52wk Low9.8752wk Low Date2022-12-13
Average Volume29,018Shares Outstanding9,857
Assets228,533,597MLiabilities14,510,640M
P/E Ratio83.5769
Get a free daily analysis and signals for EG Acquisition Corp. Class A (EGGF) - Request Your Free Report.