Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Meta Materials Inc. (NASDAQ:MMAT)
Strong Downtrend (-100) - MMAT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MMAT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MMAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MMAT
The long-term trend has been DOWN since Feb 6th, 2023 at 0.9400
The intermediate-term trend has been DOWN since May 6th, 2024 at 2.4001
The short-term trend has been DOWN since May 6th, 2024 at 3.2400
Smart Scan Analysis for MMAT
Based on our trend formula, MMAT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3300 | 2.3999 | 2.2500 | 2.2900 | -0.1100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4000 | 121402 | 2024-05-08 10:44:41 |
| 52wk High | 29.12 | 52wk High Date | 2023-05-22 |
| 52wk Low | 1.8 | 52wk Low Date | 2024-03-15 |
| Average Volume | 217,518 | Shares Outstanding | 4,904 |
| Assets | 55,228,337M | Liabilities | 33,291,532M |
| P/E Ratio | -0.07250000 |