Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Montauk Renewables, Inc. (NASDAQ:MNTK)
Long-Term Downtrend (-90) - MNTK is in a strong downtrend that is likely to continue. While MNTK 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 MNTK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNTK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNTK
The long-term trend has been DOWN since Nov 10th, 2023 at 8.20
The intermediate-term trend has been DOWN since Nov 10th, 2023 at 9.49
The short-term trend has been DOWN since Dec 5th, 2023 at 9.04
Smart Scan Analysis for MNTK
Based on our trend formula, MNTK is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.53||52wk High Date||2022-12-13|
|52wk Low||5.46||52wk Low Date||2023-05-11|
|Average Volume||346,104||Shares Outstanding||143,662|