Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
MMTec, Inc. - Common Shares (NASDAQ:MTC)
Long-Term Downtrend (-90) - MTC is in a strong downtrend that is likely to continue. While MTC 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 MTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTC
The long-term trend has been DOWN since Jun 2nd, 2023 at 0.7116
The intermediate-term trend has been DOWN since Aug 15th, 2023 at 0.7301
The short-term trend has been DOWN since Sep 22nd, 2023 at 0.4525
Smart Scan Analysis for MTC
Based on our trend formula, MTC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.09||52wk High Date||2023-03-16|
|52wk Low||0.3572||52wk Low Date||2023-09-13|
|Average Volume||122,072||Shares Outstanding||2,512|