Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Matthews International Corporation - Class A (NASDAQ:MATW)
Bull Market Weakness (+75) - MATW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MATW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MATW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MATW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MATW
The long-term trend has been DOWN since Oct 3rd, 2023 at 38.010
The intermediate-term trend has been UP since May 3rd, 2024 at 28.785
The short-term trend has been UP since May 3rd, 2024 at 27.385
Smart Scan Analysis for MATW
Based on our trend formula, MATW is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.66 | 29.21 | 28.66 | 29.20 | +0.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.69 | 1183 | 2024-05-09 09:30:01 |
| Year High | 61.25 | Year High Date | 2018-07-17 |
| Year Low | 39.74 | Year Low Date | 2018-11-15 |
| 52wk High | 48.86 | 52wk High Date | 2023-07-27 |
| 52wk Low | 25.42 | 52wk Low Date | 2024-04-19 |
| Year End Close | 32.1 | Average Volume | 121,430 |
| Shares Outstanding | 30,710 | Short Interest | 2,183,864 |
| % Institutional | 80.9 | Market Cap | 1,140M |
| Assets | 189,047,700M | Liabilities | 138,117,700M |
| P/E Ratio | 28.1274 | Beta | 1.24 |
| Volatility | 42.45 |