Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Micro Focus Intl PLC ADS each representing One Ord Sh (NYSE:MFGP)
Long-Term Downtrend (-90) - MFGP is in a strong downtrend that is likely to continue. While MFGP 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 MFGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFGP
The long-term trend has been DOWN since Jul 1st, 2021 at 6.4700
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 5.5400
The short-term trend has been DOWN since Oct 22nd, 2021 at 4.9514
Smart Scan Analysis for MFGP
Based on our trend formula, MFGP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||34.99||Year High Date||2018-01-05|
|Year Low||12.67||Year Low Date||2018-03-22|
|52wk High||8.19||52wk High Date||2021-03-30|
|52wk Low||2.78||52wk Low Date||2020-11-02|
|Average Volume||421,053||Market Cap||4,663M|