ALTUU Stock Summary and Trading Ideas (Altitude Acquisition Corp. - Unit | NASDAQ:ALTUU)

Altitude Acquisition Corp is a blank check company.

Altitude Acquisition Corp. - Unit trades on the NASDAQ stock market under the symbol ALTUU.

As of April 19, 2024, ALTUU stock price was flat at $10.10 with million shares trading.

ALTUU has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, ALTUU stock traded as high as $10.79 and as low as $9.01.

ALTUU has underperformed the market in the last year with a return of +1.0%, while the SPY ETF gained +21.2%. In the last 3 month period, ALTUU fell short of the market, returning -1.8%, while SPY returned +4.3%. However, in the most recent 2 weeks ALTUU has outperformed the stock market by returning 0.0%, while SPY returned -3.5%.

ALTUU support price is $10.10 and resistance is $10.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALTUU stock will trade within this expected range on the day.