Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Meredith Corporation (NYSE:MDP)
Long-Term Uptrend (+90) - MDP is in a strong uptrend that is likely to continue. While MDP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDP
The long-term trend has been UP since Nov 16th, 2020 at 17.42
The intermediate-term trend has been UP since Sep 21st, 2021 at 43.26
The short-term trend has been UP since Oct 7th, 2021 at 56.39
Smart Scan Analysis for MDP
Based on our trend formula, MDP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||69.35||Year High Date||2018-01-31|
|Year Low||47.3||Year Low Date||2018-06-05|
|52wk High||58.83||52wk High Date||2021-09-24|
|52wk Low||10.75||52wk Low Date||2020-10-28|
|Year End Close||34.45||Average Volume||1,446,314|
|Shares Outstanding||45,781||Short Interest||8,654,027|
|% Institutional||93.8||Market Cap||1,730M|