Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Mayville Engineering Company, Inc. (NYSE:MEC)
Crossroads (+60) - MEC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEC
The long-term trend has been DOWN since Aug 19th, 2021 at 14.900
The intermediate-term trend has been UP since Sep 13th, 2021 at 15.600
The short-term trend has been UP since Oct 14th, 2021 at 18.665
Smart Scan Analysis for MEC
Based on our trend formula, MEC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.16||52wk High Date||2021-06-21|
|52wk Low||8.62||52wk Low Date||2020-10-29|
|Average Volume||151,618||Shares Outstanding||20,476|