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Stock Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
AltShares Merger Arbitrage ETF (PACF:ARB)
Sidelines Mode (+55) - ARB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Oct 1st, 2021 at 25.86
The intermediate-term trend has been UP since Oct 22nd, 2021 at 26.03
The short-term trend has been DOWN since Nov 26th, 2021 at 26.01
Smart Scan Analysis for ARB
Based on our trend formula, ARB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.980 | 25.980 | 25.980 | 25.980 | -0.063 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.020 | 961 | 2021-11-26 09:31:02 |
| 52wk High | 27.86 | 52wk High Date | 2020-12-31 |
| 52wk Low | 24.627 | 52wk Low Date | 2021-02-10 |
| Average Volume | 2,213 |