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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Martinrea Intl Inc (TSE:MRE)
Bear Market Rally (-75) - MRE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MRE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRE.
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 MRE
The long-term trend has been DOWN since Mar 1st, 2024 at 11.82
The intermediate-term trend has been DOWN since Mar 1st, 2024 at 13.63
The short-term trend has been DOWN since May 1st, 2024 at 11.32
Smart Scan Analysis for MRE
Based on our trend formula, MRE is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.48 | 11.57 | 11.31 | 11.35 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.38 | 139716 | 2024-05-02 15:59:19 |
| Year High | 17.5 | Year High Date | 2018-05-10 |
| Year Low | 10.46 | Year Low Date | 2018-11-29 |
| 52wk High | 17.5 | 52wk High Date | 2018-05-10 |
| 52wk Low | 10.46 | 52wk Low Date | 2018-11-29 |
| Year End Close | 7.75 | Average Volume | 253,652 |
| Volatility | 31.29 |