Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Malacca Straits Acquisition Company Limited - Warrants (NASDAQ:MLACW)
Weak Downtrend (-65) - MLACW is showing signs of a strengthening downtrend. Monitor MLACW as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MLACW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLACW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLACW
The long-term trend has been UP since Sep 11th, 2020 at 0.46
The intermediate-term trend has been DOWN since May 13th, 2021 at 0.69
The short-term trend has been DOWN since May 14th, 2021 at 0.67
Smart Scan Analysis for MLACW
Based on our trend formula, MLACW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.83||52wk High Date||2020-08-06|
|52wk Low||0.3||52wk Low Date||2020-08-06|