Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Contango Oil & Gas Co (AMEX:MCF)
Sidelines Mode (+55) - MCF 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 MCF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCF
The long-term trend has been DOWN since Mar 9th, 2020 at 2.85
The intermediate-term trend has been UP since Apr 22nd, 2020 at 1.75
The short-term trend has been DOWN since May 21st, 2020 at 2.62
Smart Scan Analysis for MCF
Based on our trend formula, MCF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||7.3167||Year High Date||2018-10-09|
|Year Low||2.8||Year Low Date||2018-02-09|
|52wk High||4.79||52wk High Date||2019-12-19|
|52wk Low||0.84||52wk Low Date||2020-03-18|
|Year End Close||42.36||Average Volume||561,736|
|Shares Outstanding||89,357||Short Interest||698,957|
|% Institutional||77.4||Market Cap||37M|