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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Monterey Capital Acquisition Corporation (NASDAQ:MCAC)

Countertrend Up (+85) - MCAC 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 MCAC?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCAC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MCAC
Open High Low MCAC Price Change
11.08 11.09 11.08 11.09 +0.02
Entry Signal

MarketClub’s Trade Triangles for MCAC

long term up The long-term trend has been UP since Jul 6th, 2022 at 9.8200

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2022 at 9.9401

short term up The short-term trend has been UP since Nov 9th, 2023 at 10.7400

Smart Scan Analysis for MCAC

Based on our trend formula, MCAC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MCAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.08 11.09 11.08 11.09 +0.02
Prev. Close Volume Bid Ask Time
11.07 701 2024-03-28 15:49:19
52wk High11.0952wk High Date2024-03-27
52wk Low10.2652wk Low Date2023-04-13
Average Volume10,411Shares Outstanding7,376
Assets94,222,525MLiabilities8,508,448M
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