Technical Analysis for ETAC - E.Merge Technology Acquisition Corp.

Grade Last Price % Change Price Change
F 10.0 0.20% 0.02
ETAC closed up 0.81 percent on Friday, March 5, 2021, on 88 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical ETAC trend table...

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.20%
Hammer Candlestick Bullish 0.20%
Lower Bollinger Band Walk Weakness 0.20%
Outside Day Range Expansion 0.20%
Lower Bollinger Band Touch Weakness 0.20%
Oversold Stochastic Weakness 0.20%
Lower Bollinger Band Walk Weakness 1.01%
Below Lower BB Weakness 1.01%
Down 3 Days in a Row Weakness 1.01%
Down 4 Days in a Row Weakness 1.01%
Older End-of-Day Signals for ETAC ...

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Profile

E.Merge Technology Acquisition Corp. operates as a blank check company which intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on May 22, 2020 and is headquartered in Burlingame, CA.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mergers And Acquisitions Special Purpose Acquisition Company Private Equity Reverse Takeover CNBC SPAC 50 Technology Acquisition

Is ETAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.0
52 Week Low 9.53
Average Volume 585,430
200-Day Moving Average 0.00
50-Day Moving Average 10.37
20-Day Moving Average 10.37
10-Day Moving Average 10.19
Average True Range 0.21
ADX 36.74
+DI 9.73
-DI 29.81
Chandelier Exit (Long, 3 ATRs ) 10.23
Chandelier Exit (Short, 3 ATRs ) 10.36
Upper Bollinger Band 10.84
Lower Bollinger Band 9.89
Percent B (%b) 0.1
BandWidth 9.23
MACD Line -0.12
MACD Signal Line -0.05
MACD Histogram -0.0691
Fundamentals Value
Market Cap 610.78 Million
Num Shares 61.2 Million
EPS
Price-to-Sales 0.00
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.36
Resistance 3 (R3) 10.32 10.15 10.29
Resistance 2 (R2) 10.15 10.06 10.17 10.27
Resistance 1 (R1) 10.07 10.00 10.11 10.11 10.25
Pivot Point 9.90 9.90 9.93 9.92 9.90
Support 1 (S1) 9.82 9.81 9.86 9.86 9.71
Support 2 (S2) 9.65 9.75 9.67 9.69
Support 3 (S3) 9.57 9.65 9.67
Support 4 (S4) 9.61