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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.
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MarketClub’s Trade Triangles for MTR
The long-term trend has been DOWN since Sep 7th, 2023 at 17.5500
The intermediate-term trend has been DOWN since Aug 22nd, 2023 at 19.3500
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).
| 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 High | 19.85 | Year High Date | 2018-01-03 |
| Year Low | 13.175 | Year Low Date | 2018-10-31 |
| 52wk High | 29.5 | 52wk High Date | 2023-05-24 |
| 52wk Low | 12.39 | 52wk Low Date | 2022-09-30 |
| Year End Close | 19.31 | Average Volume | 18,647 |
| Shares Outstanding | 1,864 | Short Interest | 3,123 |
| % Institutional | 7.2 | Market Cap | 15M |
| Assets | 4,499,700M | Liabilities | 1,605,642M |
| P/E Ratio | 6.2855 | Beta | 0.67 |
| Volatility | 19.7 |