Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Maplebear Inc. (NASDAQ:CART)
Long-Term Downtrend (-90) - CART is in a strong downtrend that is likely to continue. While CART is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CART?
MarketClub looks at technical strength and momentum to determine if the timing is right for CART.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CART
The long-term trend has been DOWN since Sep 21st, 2023 at 29.960
The intermediate-term trend has been DOWN since Nov 9th, 2023 at 24.095
The short-term trend has been DOWN since Nov 30th, 2023 at 24.790
Smart Scan Analysis for CART
Based on our trend formula, CART is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||42.95||52wk High Date||2023-09-19|
|52wk Low||23.36||52wk Low Date||2023-10-09|
|Average Volume||1,579,773||Shares Outstanding||280,216|