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Stock Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
Local Bounti Corporation (NYSE:LOCL)
Long-Term Downtrend (-90) - LOCL is in a strong downtrend that is likely to continue. While LOCL 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 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.
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MarketClub’s Trade Triangles for LOCL
The long-term trend has been DOWN since Sep 4th, 2024 at 2.5700
The intermediate-term trend has been DOWN since Nov 4th, 2024 at 2.4700
The short-term trend has been DOWN since Dec 3rd, 2024 at 1.7193
Smart Scan Analysis for LOCL
Based on our trend formula, LOCL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3300 | 1.3842 | 1.2520 | 1.3400 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3300 | 8180 | 2024-12-11 15:34:14 |
| 52wk High | 3.3333 | 52wk High Date | 2024-04-23 |
| 52wk Low | 1.25 | 52wk Low Date | 2024-12-10 |
| Average Volume | 16,752 | Shares Outstanding | 8,656 |
| Assets | 430,814,000M | Liabilities | 496,427,000M |
| P/E Ratio | -0.30770000 |