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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Spectral AI, Inc. - Class A (NASDAQ:MDAI)

Long-Term Downtrend (-90) - MDAI is in a strong downtrend that is likely to continue. While MDAI 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 MDAI?

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

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

NASDAQ_MDAI
Open High Low MDAI Price Change
1.7100 1.7100 1.6200 1.6794 -0.0406
Entry Signal

MarketClub’s Trade Triangles for MDAI

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 4.70

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 2.05

short term down The short-term trend has been DOWN since May 8th, 2024 at 1.69

Smart Scan Analysis for MDAI

Based on our trend formula, MDAI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MDAI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7100 1.7100 1.6200 1.6794 -0.0406
Prev. Close Volume Bid Ask Time
1.7200 226995 2024-05-08 12:33:27
52wk High19.552wk High Date2023-09-07
52wk Low1.6852wk Low Date2024-05-02
Average Volume178,369Shares Outstanding16,255
Assets10,692,000MLiabilities12,401,000M
P/E Ratio8.3429
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