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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

SHAWCOR LTD (TSE:MATR)

Strong Downtrend (-100) - MATR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MATR continues to fall. Traders should use caution 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
12.100 12.300 12.040 12.045 -0.055
Entry Signal

MarketClub’s Trade Triangles for MATR

long term down The long-term trend has been DOWN since Aug 9th, 2024 at 15.22

intermediate term down The intermediate-term trend has been DOWN since Aug 6th, 2024 at 16.81

short term down The short-term trend has been DOWN since Oct 7th, 2024 at 14.06

Smart Scan Analysis for MATR

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

-100
Smart Scan Analysis for MATR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.100 12.300 12.040 12.045 -0.055
Prev. Close Volume Bid Ask Time
12.050 192682 2024-10-25 15:59:50
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