Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
Ramaco Resources, Inc. (NASDAQ:METC)
Long-Term Downtrend (-90) - METC is in a strong downtrend that is likely to continue. While METC 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 METC?
MarketClub looks at technical strength and momentum to determine if the timing is right for METC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for METC
The long-term trend has been DOWN since Jan 3rd, 2023 at 8.44
The intermediate-term trend has been DOWN since May 30th, 2023 at 8.24
The short-term trend has been DOWN since May 16th, 2023 at 9.51
Smart Scan Analysis for METC
Based on our trend formula, METC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.35||Year High Date||2018-01-18|
|Year Low||4.81||Year Low Date||2018-11-27|
|52wk High||18.24||52wk High Date||2022-06-08|
|52wk Low||7.2625||52wk Low Date||2023-06-01|
|Average Volume||463,113||Shares Outstanding||44,414|