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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.
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MarketClub’s Trade Triangles for MTEI
The long-term trend has been DOWN since Oct 8th, 2021 at 0.00585
The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.02000
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).
| 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 High | 0.4085 | 52wk High Date | 2021-08-17 |
| 52wk Low | 0.0008 | 52wk Low Date | 2021-02-01 |
| Average Volume | 12,666 |