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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Mayville Engineering Company, Inc. (NYSE:MEC)

Strong Downtrend (-100) - MEC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MEC continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MEC?

MarketClub looks at technical strength and momentum to determine if the timing is right for MEC.

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NYSE_MEC
Open High Low MEC Price Change
16.230 16.894 16.230 16.620 +0.190
Entry Signal

MarketClub’s Trade Triangles for MEC

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 15.90

intermediate term down The intermediate-term trend has been DOWN since Nov 4th, 2024 at 19.25

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 16.85

Smart Scan Analysis for MEC

Based on our trend formula, MEC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for MEC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.230 16.894 16.230 16.620 +0.190
Prev. Close Volume Bid Ask Time
16.660 69246 2024-11-19 15:59:00
52wk High23.0252wk High Date2024-11-01
52wk Low11.0752wk Low Date2024-02-22
Average Volume191,928Shares Outstanding20,644
Market Cap258MAssets466,002,000M
Liabilities227,646,000MP/E Ratio27.8475
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