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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Monterey Capital Acquisition Corporation (NASDAQ:MCAC)
Bull Market Weakness (+75) - MCAC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCAC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MCAC
The long-term trend has been UP since Jul 6th, 2022 at 9.8200
The intermediate-term trend has been UP since Nov 28th, 2022 at 9.9401
The short-term trend has been UP since May 7th, 2024 at 11.2300
Smart Scan Analysis for MCAC
Based on our trend formula, MCAC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.23 | 11.23 | 11.23 | 11.23 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.23 | 158778 | 2024-05-08 15:53:13 |
| 52wk High | 11.33 | 52wk High Date | 2024-04-12 |
| 52wk Low | 10.35 | 52wk Low Date | 2023-05-18 |
| Average Volume | 70,226 | Shares Outstanding | 7,376 |
| Assets | 94,222,525M | Liabilities | 8,508,448M |