Stock Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
ION Acquisition Corp 2 Ltd. Class A Ordinary Shares (NYSE:IACB)
Long-Term Downtrend (-90) - IACB is in a strong downtrend that is likely to continue. While IACB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IACB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IACB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IACB
The long-term trend has been DOWN since Nov 23rd, 2021 at 9.81
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 9.94
The short-term trend has been DOWN since Nov 23rd, 2021 at 9.97
Smart Scan Analysis for IACB
Based on our trend formula, IACB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.36||52wk High Date||2021-04-14|
|52wk Low||9.55||52wk Low Date||2021-11-23|
|Average Volume||179,952||Shares Outstanding||31,625|