Stock Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
Equity Distribution Acquisition Corp. Class A (NYSE:EQD)
Long-Term Uptrend (+90) - EQD is in a strong uptrend that is likely to continue. While EQD 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 EQD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EQD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EQD
The long-term trend has been UP since Nov 2nd, 2021 at 9.86
The intermediate-term trend has been UP since Jan 10th, 2022 at 9.84
The short-term trend has been UP since Dec 23rd, 2021 at 9.82
Smart Scan Analysis for EQD
Based on our trend formula, EQD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.06||52wk High Date||2021-02-10|
|52wk Low||9.7||52wk Low Date||2021-03-25|
|Average Volume||131,413||Shares Outstanding||51,750|