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Stock Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Mesa Royalty Trust (NYSE:MTR)
Sidelines Mode (+55) - MTR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Oct 4th, 2024 at 6.3000
The short-term trend has been DOWN since Dec 2nd, 2024 at 6.9796
Smart Scan Analysis for MTR
Based on our trend formula, MTR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.1200 | 7.1700 | 6.8844 | 7.1700 | +0.1100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.0600 | 1347 | 2024-12-03 11:15:24 |
| Year High | 19.85 | Year High Date | 2018-01-03 |
| Year Low | 13.175 | Year Low Date | 2018-10-31 |
| 52wk High | 17.95 | 52wk High Date | 2023-12-04 |
| 52wk Low | 5.6 | 52wk Low Date | 2024-09-17 |
| Year End Close | 19.31 | Average Volume | 14,334 |
| Shares Outstanding | 1,864 | Short Interest | 3,123 |
| % Institutional | 7.2 | Market Cap | 15M |
| Assets | 3,157,006M | Liabilities | 10,314M |
| P/E Ratio | 20.2292 | Beta | 0.67 |
| Volatility | 19.7 |