Stock Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Metro Bank Plc (NASDAQ:MBNKF)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MBNKF
The long term trend has been DOWN since Apr 25th, 2018 at 47.632000
The intermediate term trend has been UP since Oct 24th, 2019 at 2.850000
The short term trend has been DOWN since Nov 12th, 2019 at 2.895799
Smart Scan Analysis for MBNKF
Based on a pre-defined weighted trend formula for chart analysis, MBNKF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||57.36||Year High Date||2018-03-15|
|Year Low||25||Year Low Date||2018-11-20|
|52wk High||33||52wk High Date||2018-10-19|
|52wk Low||1.95||52wk Low Date||2019-09-27|