Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Midatech Pharma PLC - American Depositary Shares (NASDAQ:MTP)
Long-Term Downtrend (-90) - MTP is in a strong downtrend that is likely to continue. While MTP 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 MTP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTP
The long-term trend has been DOWN since Aug 16th, 2021 at 1.77
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 1.71
The short-term trend has been DOWN since Oct 22nd, 2021 at 1.73
Smart Scan Analysis for MTP
Based on our trend formula, MTP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.65||Year High Date||2018-01-02|
|Year Low||0.23||Year Low Date||2018-11-28|
|52wk High||3.8295||52wk High Date||2021-02-04|
|52wk Low||1.62||52wk Low Date||2021-08-16|
|Average Volume||117,077||Market Cap||3M|