Stock Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Northern Genesis Acquisition Corp. (NYSE:NGA)
Countertrend Up (+85) - NGA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGA
The long-term trend has been UP since Nov 2nd, 2020 at 10.00
The intermediate-term trend has been UP since Apr 26th, 2021 at 18.00
The short-term trend has been DOWN since May 3rd, 2021 at 17.55
Smart Scan Analysis for NGA
Based on our trend formula, NGA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.25||52wk High Date||2021-01-15|
|52wk Low||9.6||52wk Low Date||2020-10-30|
|Average Volume||1,155,450||Shares Outstanding||39,932|