Stock Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
MID-CON Energy Partners, LP (NASDAQ:MCEP)
Bull Market Weakness (+75) - MCEP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCEP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCEP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCEP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCEP
The long-term trend has been DOWN since Oct 29th, 2019 at 0.3311
The intermediate-term trend has been UP since Mar 24th, 2020 at 0.2450
The short-term trend has been UP since Mar 24th, 2020 at 0.1000
Smart Scan Analysis for MCEP
Based on our trend formula, MCEP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.52||Year High Date||2018-05-02|
|Year Low||0.98||Year Low Date||2018-11-20|
|52wk High||0.8758||52wk High Date||2019-04-02|
|52wk Low||0.057||52wk Low Date||2020-03-16|
|Year End Close||18.7||Average Volume||1,410,370|
|Shares Outstanding||31,157||Short Interest||73,500|
|% Institutional||32.2||Market Cap||12M|