Stock Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
MEDICAL TRANSCRIPTION BILLING (NASDAQ:MTBC)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MTBC
The long term trend has been UP since Apr 26th, 2017 at 0.9282
The intermediate term trend has been UP since Jun 26th, 2018 at 3.5200
The short term trend has been DOWN since Aug 9th, 2018 at 4.6800
Smart Scan Analysis for MTBC
Based on a pre-defined weighted trend formula for chart analysis, MTBC scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.34||Year High Date||2018-08-08|
|Year Low||2.55||Year Low Date||2018-01-02|
|52wk High||5.44||52wk High Date||2017-10-04|
|52wk Low||1.32||52wk Low Date||2017-09-06|