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Stock Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

MOUNTAIN ENERGY INC (NASDAQ:MTEI)

Long-Term Downtrend (-90) - MTEI is in a strong downtrend that is likely to continue. While MTEI 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 MTEI?

MarketClub looks at technical strength and momentum to determine if the timing is right for MTEI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MTEI
Open High Low MTEI Price Change
0.0410 0.0679 0.0400 0.0400 -0.0379
Entry Signal

MarketClub’s Trade Triangles for MTEI

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.00585

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.02000

short term down The short-term trend has been DOWN since Jan 10th, 2022 at 0.04010

Smart Scan Analysis for MTEI

Based on our trend formula, MTEI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MTEI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0410 0.0679 0.0400 0.0400 -0.0379
Prev. Close Volume Bid Ask Time
0.0779 20100 2022-01-14 11:08:45
52wk High0.408552wk High Date2021-08-17
52wk Low0.000852wk Low Date2021-02-01
Average Volume12,666
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