Stock Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
The Music Acquisition Corporation Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant (NYSE:TMAC.U)
Long-Term Downtrend (-90) - TMAC.U is in a strong downtrend that is likely to continue. While TMAC.U is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TMAC.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for TMAC.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TMAC.U
The long-term trend has been DOWN since Feb 23rd, 2021 at 10.54
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.54
The short-term trend has been DOWN since Feb 23rd, 2021 at 10.65
Smart Scan Analysis for TMAC.U
Based on our trend formula, TMAC.U is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.5||52wk High Date||2021-02-10|
|52wk Low||10.26||52wk Low Date||2021-02-25|