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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

AltShares Merger Arbitrage ETF (PACF:ARB)

Weak Downtrend (-65) - ARB is showing signs of a strengthening downtrend. Monitor ARB as it may be building momentum to the downside.

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.

PACF_ARB
Open High Low ARB Price Change
26.6300 26.7300 26.6500 26.6951 +0.0251
Entry Signal

MarketClub’s Trade Triangles for ARB

long term up The long-term trend has been UP since Aug 8th, 2023 at 25.750

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 26.880

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 27.061

Smart Scan Analysis for ARB

Based on our trend formula, ARB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ARB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.6300 26.7300 26.6500 26.6951 +0.0251
Prev. Close Volume Bid Ask Time
26.6850 5724 2024-04-25 15:19:36
52wk High27.2452wk High Date2024-04-03
52wk Low24.6452wk Low Date2023-05-23
Average Volume25,341
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