Stock Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
Meredith Corp (NYSE:MDP)
Sidelines Mode (-55) - MDP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Jun 3rd, 2019 at 51.45
The intermediate-term trend has been UP since Feb 6th, 2020 at 32.70
The short-term trend has been DOWN since Feb 19th, 2020 at 31.78
Smart Scan Analysis for MDP
Based on our trend formula, MDP is rated as a -55 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||60.95||52wk High Date||2019-04-17|
|52wk Low||30.52||52wk Low Date||2020-01-03|
|Year End Close||34.45||Average Volume||795,467|
|Shares Outstanding||45,290||Short Interest||8,654,027|
|% Institutional||93.8||Market Cap||1,730M|