Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, September 30, 2023.

Mesa Royalty Trust (NYSE:MTR)

Countertrend Down (-85) - MTR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MTR Price Change
15.3000 16.2500 15.0201 15.2000 +0.1400
Entry Signal

MarketClub’s Trade Triangles for MTR

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 17.5500

intermediate term down The intermediate-term trend has been DOWN since Aug 22nd, 2023 at 19.3500

short term up The short-term trend has been UP since Sep 27th, 2023 at 14.9299

Smart Scan Analysis for MTR

Based on our trend formula, MTR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.3000 16.2500 15.0201 15.2000 +0.1400
Prev. Close Volume Bid Ask Time
15.2000 12276 2023-09-29 15:35:36
Year High19.85Year High Date2018-01-03
Year Low13.175Year Low Date2018-10-31
52wk High29.552wk High Date2023-05-24
52wk Low12.3952wk Low Date2022-09-30
Year End Close19.31Average Volume18,647
Shares Outstanding1,864Short Interest3,123
% Institutional7.2Market Cap15M
P/E Ratio6.2855Beta0.67
Get a free daily analysis and signals for Mesa Royalty Trust (MTR) - Request Your Free Report.