Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
Mechanical Technology Incorporated (NASDAQ:MKTY)
Weak Downtrend (-65) - MKTY is showing signs of a strengthening downtrend. Monitor MKTY as it may be building momentum to the downside.
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 UP since Jul 6th, 2020 at 0.75
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 8.90
The short-term trend has been DOWN since May 4th, 2021 at 8.28
Smart Scan Analysis for MKTY
Based on our trend formula, MKTY is rated as a -70 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||18.9||52wk High Date||2021-03-23|
|52wk Low||0.55||52wk Low Date||2020-06-26|
|Year End Close||0.17||Average Volume||255,864|
|Shares Outstanding||9,890||Short Interest||192,168|