Stock Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
MTBC, Inc. (NASDAQ:MTBC)
Countertrend Up (+85) - MTBC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MTBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTBC
The long-term trend has been UP since Jun 2nd, 2020 at 7.40
The intermediate-term trend has been UP since May 12th, 2020 at 6.90
The short-term trend has been DOWN since Aug 13th, 2020 at 11.72
Smart Scan Analysis for MTBC
Based on our trend formula, MTBC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.65||Year High Date||2018-11-06|
|Year Low||2.55||Year Low Date||2018-01-02|
|52wk High||7.7909||52wk High Date||2020-06-05|
|52wk Low||3.25||52wk Low Date||2019-10-30|
|Average Volume||130,304||Shares Outstanding||12,400|