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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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 15th, 2024 at 0.0007
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.0042
The short-term trend has been DOWN since Nov 18th, 2024 at 0.0042
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 |
|---|---|---|---|---|
| 0.0027 | 0.0049 | 0.0027 | 0.0049 | +0.0007 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0049 | 11000 | 2024-11-18 12:18:05 |
| 52wk High | 0.0095 | 52wk High Date | 2024-10-08 |
| 52wk Low | 0.0006 | 52wk Low Date | 2024-10-15 |
| Average Volume | 35,994 |