Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Elliott Opportunity II Corp. (NYSE:EOCW)
Sidelines Mode (+50) - EOCW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EOCW can gain momentum.
Is it time to buy, sell, or avoid EOCW?
MarketClub looks at technical strength and momentum to determine if the timing is right for EOCW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EOCW
The long-term trend has been DOWN since Aug 25th, 2021 at 9.6606
The intermediate-term trend has been UP since Sep 29th, 2021 at 9.7700
The short-term trend has been UP since Oct 22nd, 2021 at 9.7900
Smart Scan Analysis for EOCW
Based on our trend formula, EOCW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.11||52wk High Date||2021-08-25|
|52wk Low||9.55||52wk Low Date||2021-08-19|