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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Mayville Engineering Company, Inc. (NYSE:MEC)
Countertrend Up (+85) - MEC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MEC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEC.
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 MEC
The long-term trend has been UP since Nov 17th, 2023 at 12.88
The intermediate-term trend has been UP since May 7th, 2024 at 14.18
The short-term trend has been DOWN since May 8th, 2024 at 13.61
Smart Scan Analysis for MEC
Based on our trend formula, MEC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.40 | 15.04 | 13.40 | 15.00 | +1.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.00 | 217486 | 2024-05-08 15:59:30 |
| 52wk High | 15.5 | 52wk High Date | 2023-06-21 |
| 52wk Low | 9.65 | 52wk Low Date | 2023-05-09 |
| Average Volume | 55,615 | Shares Outstanding | 20,365 |
| Market Cap | 258M | Assets | 496,661,000M |
| Liabilities | 266,683,000M | P/E Ratio | 35.8421 |