Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Mechanical Tech (NASDAQ:MKTY)
Strong Downtrend (-100) - MKTY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MKTY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKTY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MKTY
The long-term trend has been DOWN since Feb 27th, 2020 at 0.6100
The intermediate-term trend has been DOWN since Feb 20th, 2020 at 0.8000
The short-term trend has been DOWN since Apr 3rd, 2020 at 0.6385
Smart Scan Analysis for MKTY
Based on our trend formula, MKTY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.03||Year High Date||2018-10-30|
|Year Low||0.5701||Year Low Date||2018-06-20|
|52wk High||1.37||52wk High Date||2019-04-09|
|52wk Low||0.439||52wk Low Date||2020-02-27|
|Year End Close||0.17||Average Volume||7,927|
|Shares Outstanding||9,369||Short Interest||192,168|