Stock Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Midatech Pharma Plc American (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 Jun 3rd, 2019 at 1.3500
The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.7100
The short-term trend has been DOWN since Feb 12th, 2020 at 0.7299
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||10.9||52wk High Date||2019-02-27|
|52wk Low||0.54||52wk Low Date||2019-12-09|
|Average Volume||1,429,053||Market Cap||3M|