Stock Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Adara Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-half of one redeemable warrant (AMEX:ADRA.U)
Bull Market Weakness (+75) - ADRA.U is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ADRA.U as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ADRA.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for ADRA.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ADRA.U
The long-term trend has been DOWN since Feb 18th, 2021 at 10.30
The intermediate-term trend has been UP since Apr 12th, 2021 at 10.00
The short-term trend has been UP since Apr 8th, 2021 at 9.95
Smart Scan Analysis for ADRA.U
Based on our trend formula, ADRA.U is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.45||52wk High Date||2021-02-11|
|52wk Low||9.7199||52wk Low Date||2021-03-25|