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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

MultiPlan Corporation Class A (NYSE:MPLN)

Sidelines Mode (-55) - MPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MPLN
Open High Low MPLN Price Change
0.6012 0.7647 0.6000 0.7289 +0.1217
Entry Signal

MarketClub’s Trade Triangles for MPLN

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 1.5000

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 1.0600

short term up The short-term trend has been UP since May 9th, 2024 at 0.6822

Smart Scan Analysis for MPLN

Based on our trend formula, MPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6012 0.7647 0.6000 0.7289 +0.1217
Prev. Close Volume Bid Ask Time
0.6072 5073671 2024-05-09 13:39:26
52wk High2.2952wk High Date2023-06-28
52wk Low0.5352wk Low Date2024-04-26
Average Volume2,224,107Shares Outstanding671,872
Assets696,468,700MLiabilities525,556,300M
P/E Ratio7
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