Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Western Asset MTG (NYSE:WMC)
Strong Downtrend (-100) - WMC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for WMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WMC
The long-term trend has been DOWN since Mar 9th, 2020 at 9.90
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 10.53
The short-term trend has been DOWN since May 29th, 2020 at 2.11
Smart Scan Analysis for WMC
Based on our trend formula, WMC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.38||Year High Date||2018-09-10|
|Year Low||8.54||Year Low Date||2018-02-06|
|52wk High||11.33||52wk High Date||2020-02-21|
|52wk Low||2.49||52wk Low Date||2020-03-24|
|Year End Close||19.77||Average Volume||2,191,623|
|Shares Outstanding||53,524||Short Interest||593,034|
|% Institutional||50.8||Market Cap||526M|