Stock Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
Southport Acquisition Corporation Class A (NYSE:PORT)
Weak Downtrend (-65) - PORT is showing signs of a strengthening downtrend. Monitor PORT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PORT?
MarketClub looks at technical strength and momentum to determine if the timing is right for PORT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PORT
The long-term trend has been UP since Mar 21st, 2022 at 9.92
The intermediate-term trend has been DOWN since May 9th, 2022 at 9.91
The short-term trend has been DOWN since May 9th, 2022 at 9.91
Smart Scan Analysis for PORT
Based on our trend formula, PORT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.41||52wk High Date||2022-03-21|
|52wk Low||9.76||52wk Low Date||2022-02-23|
|Average Volume||10,212||Shares Outstanding||28,750|