Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
MERCEDES-BENZ UNSP / ADR (NASDAQ:MBGYY)
Bull Market Weakness (+75) - MBGYY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MBGYY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MBGYY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MBGYY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MBGYY
The long-term trend has been DOWN since May 4th, 2023 at 18.000
The intermediate-term trend has been UP since Jun 2nd, 2023 at 19.320
The short-term trend has been UP since Jun 2nd, 2023 at 19.255
Smart Scan Analysis for MBGYY
Based on our trend formula, MBGYY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.24||52wk High Date||2023-03-06|
|52wk Low||12.42||52wk Low Date||2022-09-30|