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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.


Sidelines Mode (+55) - MATR 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 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.

Open High Low MATR Price Change
17.500 17.725 17.040 17.040 -0.460
Entry Signal

MarketClub’s Trade Triangles for MATR

long term up The long-term trend has been UP since Jan 22nd, 2024 at 16.10

intermediate term up The intermediate-term trend has been UP since Jun 26th, 2024 at 16.72

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 17.28

Smart Scan Analysis for MATR

Based on our trend formula, MATR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MATR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.500 17.725 17.040 17.040 -0.460
Prev. Close Volume Bid Ask Time
17.500 62014 2024-07-24 16:15:12
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