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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Mesa Royalty Trust (NYSE:MTR)
Long-Term Downtrend (-90) - MTR is in a strong downtrend that is likely to continue. While MTR 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 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.
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MarketClub’s Trade Triangles for MTR
The long-term trend has been DOWN since Sep 7th, 2023 at 17.55
The intermediate-term trend has been DOWN since Jun 10th, 2024 at 8.28
The short-term trend has been DOWN since Sep 5th, 2024 at 6.26
Smart Scan Analysis for MTR
Based on our trend formula, MTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.320 | 6.215 | 6.140 | 6.200 | -0.120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.200 | 2187 | 2024-09-06 15:58:20 |
| Year High | 19.85 | Year High Date | 2018-01-03 |
| Year Low | 13.175 | Year Low Date | 2018-10-31 |
| 52wk High | 19.1895 | 52wk High Date | 2023-09-07 |
| 52wk Low | 6.13 | 52wk Low Date | 2024-09-05 |
| Year End Close | 19.31 | Average Volume | 12,339 |
| Shares Outstanding | 1,864 | Short Interest | 3,123 |
| % Institutional | 7.2 | Market Cap | 15M |
| Assets | 3,318,074M | Liabilities | 209,742M |
| P/E Ratio | 13.3898 | Beta | 0.67 |
| Volatility | 19.7 |