Stock Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
Meredith Corporation Common Stock (CDNX:MDP)
Countertrend Up (+85) - MDP 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 MDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDP
The long-term trend has been UP since Jun 23rd, 2020 at 4.00
The intermediate-term trend has been UP since Nov 6th, 2020 at 4.55
The short-term trend has been DOWN since Jan 26th, 2021 at 7.19
Smart Scan Analysis for MDP
Based on our trend formula, MDP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).