Stock Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
MEDICAL TRANSCRIPTION BILLING (NASDAQ:MTBC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 Oct 11th, 2018 at 5.0705
Smart Scan Analysis for MTBC
Based on a pre-defined weighted trend formula for chart analysis, MTBC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.49||Year High Date||2018-10-02|
|Year Low||2.55||Year Low Date||2018-01-02|
|52wk High||5.49||52wk High Date||2018-10-02|
|52wk Low||2.11||52wk Low Date||2017-11-09|