Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Magnum Opus Acquisition Limited Units, each consisting of one Class A ordinary share and one-half redeemable warrant (NYSE:OPA.U)
Long-Term Uptrend (+90) - OPA.U is in a strong uptrend that is likely to continue. While OPA.U is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OPA.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for OPA.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OPA.U
The long-term trend has been UP since Mar 26th, 2021 at 9.90
The intermediate-term trend has been UP since Jun 7th, 2021 at 10.04
The short-term trend has been UP since Oct 14th, 2021 at 10.50
Smart Scan Analysis for OPA.U
Based on our trend formula, OPA.U is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.61||52wk High Date||2021-10-15|
|52wk Low||9.73||52wk Low Date||2021-03-26|