Stock Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Local Bounti Corporation (NYSE:LOCL)
Strong Downtrend (-100) - LOCL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LOCL continues to fall. 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.
MarketClub’s Trade Triangles for LOCL
The long-term trend has been DOWN since May 10th, 2022 at 4.58
The intermediate-term trend has been DOWN since Nov 16th, 2022 at 2.45
The short-term trend has been DOWN since Mar 17th, 2023 at 0.33
Smart Scan Analysis for LOCL
Based on our trend formula, LOCL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.66||52wk High Date||2022-04-21|
|52wk Low||0.3021||52wk Low Date||2023-03-17|
|Average Volume||394,975||Shares Outstanding||103,676|