Stock Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Southport Acquisition Corporation Units, each consisting of one share of Class A common stock, and one-half of one warrant (NYSE:PORT.U)
Countertrend Down (-85) - PORT.U is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PORT.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for PORT.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PORT.U
The long-term trend has been DOWN since Dec 16th, 2021 at 10.00
The intermediate-term trend has been DOWN since Dec 16th, 2021 at 10.00
The short-term trend has been UP since Jan 3rd, 2022 at 10.01
Smart Scan Analysis for PORT.U
Based on our trend formula, PORT.U is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.05||52wk High Date||2022-01-14|
|52wk Low||9.96||52wk Low Date||2021-12-30|