Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
Monterey Capital Acquisition Corporation - Warrants (NASDAQ:MCACW)
Long-Term Downtrend (-90) - MCACW is in a strong downtrend that is likely to continue. While MCACW is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCACW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCACW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCACW
The long-term trend has been DOWN since Apr 6th, 2023 at 0.0610
The intermediate-term trend has been DOWN since Sep 28th, 2023 at 0.0241
The short-term trend has been DOWN since Nov 9th, 2023 at 0.0106
Smart Scan Analysis for MCACW
Based on our trend formula, MCACW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.125||52wk High Date||2023-01-05|
|52wk Low||0.0004||52wk Low Date||2023-06-01|