Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Contango Oil & Gas Company (TX) (AMEX:MCF)
Countertrend Up (+85) - MCF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 1st, 2020 at 1.805
The intermediate-term trend has been UP since Nov 24th, 2020 at 1.680
The short-term trend has been DOWN since Mar 8th, 2021 at 4.820
Smart Scan Analysis for MCF
Based on our trend formula, MCF is rated as a +85 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||5.56||52wk High Date||2021-03-05|
|52wk Low||0.84||52wk Low Date||2020-03-18|
|Year End Close||42.36||Average Volume||1,626,947|
|Shares Outstanding||159,494||Short Interest||698,957|
|% Institutional||77.4||Market Cap||37M|