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Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Matthews International Corporation - Class A (NASDAQ:MATW)
Strong Downtrend (-100) - MATW is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MATW continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MATW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MATW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MATW
The long-term trend has been DOWN since Oct 3rd, 2023 at 38.01
The intermediate-term trend has been DOWN since Nov 22nd, 2023 at 34.51
The short-term trend has been DOWN since Dec 8th, 2023 at 34.36
Smart Scan Analysis for MATW
Based on our trend formula, MATW is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.6200 | 34.7988 | 33.9320 | 34.0100 | -0.4700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.4800 | 79990 | 2023-12-11 14:17:26 |
| Year High | 61.25 | Year High Date | 2018-07-17 |
| Year Low | 39.74 | Year Low Date | 2018-11-15 |
| 52wk High | 48.86 | 52wk High Date | 2023-07-27 |
| 52wk Low | 29.775 | 52wk Low Date | 2022-12-13 |
| Year End Close | 32.1 | Average Volume | 133,856 |
| Shares Outstanding | 30,384 | Short Interest | 2,183,864 |
| % Institutional | 80.9 | Market Cap | 1,140M |
| Assets | 188,419,100M | Liabilities | 136,197,000M |
| P/E Ratio | 382.8889 | Beta | 1.24 |
| Volatility | 42.45 |