Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Microchannel Technologies Corp (NASDAQ:MCTC)
Long-Term Downtrend (-90) - MCTC is in a strong downtrend that is likely to continue. While MCTC 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 MCTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCTC
The long-term trend has been DOWN since Dec 9th, 2019 at 0.4500
The intermediate-term trend has been DOWN since Feb 18th, 2020 at 0.2775
The short-term trend has been DOWN since Feb 11th, 2020 at 0.3200
Smart Scan Analysis for MCTC
Based on our trend formula, MCTC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.073||Year High Date||2018-03-05|
|Year Low||0.0101||Year Low Date||2018-07-17|
|52wk High||3||52wk High Date||2019-09-30|
|52wk Low||0.075||52wk Low Date||2019-01-22|
|Year End Close||0.012||Average Volume||11,101|