Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Monterey Capital Acquisition Corporation - Rights (NASDAQ:MCACR)
Strong Downtrend (-100) - MCACR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MCACR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCACR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCACR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCACR
The long-term trend has been DOWN since Nov 10th, 2023 at 0.1007
The intermediate-term trend has been DOWN since Oct 31st, 2023 at 0.1577
The short-term trend has been DOWN since Oct 11th, 2023 at 0.1720
Smart Scan Analysis for MCACR
Based on our trend formula, MCACR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.3||52wk High Date||2023-10-25|
|52wk Low||0.0213||52wk Low Date||2023-05-16|