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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Local Bounti Corporation (NYSE:LOCL)

Bear Market Rally (-75) - LOCL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LOCL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid LOCL?

MarketClub looks at technical strength and momentum to determine if the timing is right for LOCL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low LOCL Price Change
3.25 3.37 3.07 3.09 -0.16
Entry Signal

MarketClub’s Trade Triangles for LOCL

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 2.2500

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2023 at 2.3641

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 3.5000

Smart Scan Analysis for LOCL

Based on our trend formula, LOCL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for LOCL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.25 3.37 3.07 3.09 -0.16
Prev. Close Volume Bid Ask Time
3.08 7794 2023-12-08 15:55:59
52wk High30.4252wk High Date2022-12-14
52wk Low1.170452wk Low Date2023-10-27
Average Volume31,902Shares Outstanding8,272
P/E Ratio-0.30770000
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