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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
AltShares Merger Arbitrage ETF (PACF:ARB)
Long-Term Uptrend (+90) - ARB is in a strong uptrend that is likely to continue. While ARB 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 ARB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARB
The long-term trend has been UP since Jul 16th, 2024 at 27.24
The intermediate-term trend has been UP since Jul 3rd, 2024 at 27.00
The short-term trend has been UP since Jul 12th, 2024 at 27.19
Smart Scan Analysis for ARB
Based on our trend formula, ARB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.2781 | 27.3290 | 27.2500 | 27.2500 | -0.0223 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.2723 | 24598 | 2024-07-26 15:47:49 |
| 52wk High | 27.3499 | 52wk High Date | 2024-07-24 |
| 52wk Low | 25.49 | 52wk Low Date | 2023-07-27 |
| Average Volume | 13,677 |