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SSPKU NEWS why is Silver Spike Acquisition Corp Units price falling or rising

SSPKU NEWS reasons for why stock price of Silver Spike Acquisition Corp Units is falling or rising

SSPKU Silver Spike is falling or rising technical reasons

Technical analysis forecast of Silver Spike Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Silver Spike SSPKU at this time. Stock is rising and might rise more.

It appears as if Silver Spike SSPKU gave a large move recently.

Stock of Silver Spike (SSPKU) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Silver Spike is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Silver Spike stays above 21.7, but if it comes below 21.7, then a intra day sell could be more profitable.
If you take a sell trade below 21.7, then use 21.7 as stoploss and 19.78 as target. However if you take a buy trade in Silver Spike, then use 21.7 as stoploss and 23.9 as target.

SSPKU Silver Spike is falling or rising NEWS fundamental reasons

More announcements and NEWS

SSPKU Silver Spike Acquisition Corp Units current price & indicator signals

Moving Averages for Silver Spike Acquisition Corp Units

  • 5Day Average: 21.22
  • 12Day Average: 19.54
  • 20Day Average: 18.64
  • 50Day Average: 20.99
  • 100Day Average: 22.36
  • 150Day Average: 18.58
  • 200Day Average: 16.46

SSPKU Indicators & signals

Indicator MACD (12,26,9)

20.03, 19.93, -0.6
Indicator MACD is in positive zone

Indicator ADX (14)

15.56, 52.35, 38.26
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SSPKU Silver Spike Acquisition Corp Units are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Fri Jun 2021 22.99 21.97 to 23.58 14.21% 0.51 times
10 Thu Jun 2021 20.13 19.10 to 20.13 -3.22% 0.51 times
09 Wed Jun 2021 20.80 20.80 to 20.80 3.02% 0.51 times
08 Tue Jun 2021 20.19 20.19 to 20.19 -8.23% 0.1 times
07 Mon Jun 2021 22.00 22.00 to 22.01 10% 5.61 times
04 Fri Jun 2021 20.00 20.00 to 20.00 9.29% 0.2 times
02 Wed Jun 2021 18.30 17.28 to 18.30 3.68% 1.63 times
01 Tue Jun 2021 17.65 17.65 to 17.65 0.23% 0.1 times
28 Fri May 2021 17.61 17.61 to 17.61 0% 0.2 times
28 Fri May 2021 17.61 17.61 to 17.61 -5.32% 0.2 times
26 Wed May 2021 18.60 18.60 to 18.60 0% 0.92 times
25 Tue May 2021 18.60 18.60 to 18.60 4.49% 0.1 times

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SSPKU NEWS why is Silver Spike Acquisition Corp Units price falling or rising

 

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