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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.

NYSE_TMAC.U
Open High Low TMAC.U Price Change
10.32 10.31 10.20 10.31 +0.03
Entry Signal

MarketClub’s Trade Triangles for TMAC.U

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 10.54

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.54

short term down 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).

-90
Smart Scan Analysis for TMAC.U
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.32 10.31 10.20 10.31 +0.03
Prev. Close Volume Bid Ask Time
10.28 74558 2021-02-26 15:59:57
52wk High11.552wk High Date2021-02-10
52wk Low10.2652wk Low Date2021-02-25
Average Volume641,371Assets80,000M
Liabilities55,406M
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