Stock Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
Quantum FinTech Acquisition Corporation (NYSE:QFTA)
Bear Market Rally (-75) - QFTA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QFTA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QFTA?
MarketClub looks at technical strength and momentum to determine if the timing is right for QFTA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QFTA
The long-term trend has been DOWN since May 13th, 2022 at 9.850
The intermediate-term trend has been UP since Sep 28th, 2022 at 9.865
The short-term trend has been DOWN since Oct 3rd, 2022 at 9.860
Smart Scan Analysis for QFTA
Based on our trend formula, QFTA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.22||52wk High Date||2021-11-04|
|52wk Low||9.77||52wk Low Date||2021-10-08|
|Average Volume||31,128||Shares Outstanding||25,156|