Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
RedBall Acquisition Corp. Class A Ordinary Shares (NYSE:RBAC)
Long-Term Uptrend (+90) - RBAC is in a strong uptrend that is likely to continue. While RBAC 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 RBAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBAC
The long-term trend has been UP since Oct 8th, 2021 at 9.87
The intermediate-term trend has been UP since Aug 31st, 2021 at 9.78
The short-term trend has been UP since Oct 5th, 2021 at 9.84
Smart Scan Analysis for RBAC
Based on our trend formula, RBAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.4||52wk High Date||2021-01-14|
|52wk Low||9.69||52wk Low Date||2021-08-18|
|Average Volume||1,230,977||Shares Outstanding||71,875|