Stock Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
MedTech Acquisition Corporation (NASDAQ:MTAC)
Sidelines Mode (+55) - MTAC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MTAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTAC
The long-term trend has been UP since Feb 16th, 2021 at 10.95
The intermediate-term trend has been UP since Feb 16th, 2021 at 10.95
The short-term trend has been DOWN since Feb 23rd, 2021 at 10.44
Smart Scan Analysis for MTAC
Based on our trend formula, MTAC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.18||52wk High Date||2021-02-16|
|52wk Low||10.24||52wk Low Date||2021-02-12|
|Average Volume||123,702||Shares Outstanding||36,250|