Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
ELECTRIC LAST MILE SOL WT (NASDAQ:ELMWQ)
Countertrend Down (-85) - ELMWQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ELMWQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELMWQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELMWQ
The long-term trend has been DOWN since Jul 25th, 2022 at 0.0020
The intermediate-term trend has been DOWN since Jul 25th, 2022 at 0.0020
The short-term trend has been UP since Aug 9th, 2022 at 0.0012
Smart Scan Analysis for ELMWQ
Based on our trend formula, ELMWQ is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.34||52wk High Date||2021-11-10|
|52wk Low||0.0002||52wk Low Date||2022-08-17|