Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
MeaTech 3D Ltd. - American Depositary Shares (NASDAQ:MITC)
Countertrend Up (+85) - MITC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MITC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MITC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MITC
The long-term trend has been UP since Oct 7th, 2021 at 7.6000
The intermediate-term trend has been UP since Sep 15th, 2021 at 5.9300
The short-term trend has been DOWN since Oct 18th, 2021 at 7.1101
Smart Scan Analysis for MITC
Based on our trend formula, MITC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.79||52wk High Date||2021-03-15|
|52wk Low||4.81||52wk Low Date||2021-08-17|