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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

SHAWCOR LTD (TSE:MATR)

Countertrend Down (-85) - MATR 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 MATR?

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

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

TSE_MATR
Open High Low MATR Price Change
14.14 14.14 13.87 13.91 0.00
Entry Signal

MarketClub’s Trade Triangles for MATR

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 16.03

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2023 at 14.22

short term up The short-term trend has been UP since Nov 27th, 2023 at 14.29

Smart Scan Analysis for MATR

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

-85
Smart Scan Analysis for MATR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.14 14.14 13.87 13.91 0.00
Prev. Close Volume Bid Ask Time
13.93 226636 2023-11-29 15:59:50
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