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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
SHAWCOR LTD (TSE:MATR)
Long-Term Downtrend (-90) - MATR is in a strong downtrend that is likely to continue. While MATR is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for MATR
The long-term trend has been DOWN since Aug 9th, 2024 at 15.22
The intermediate-term trend has been DOWN since Dec 2nd, 2024 at 12.75
The short-term trend has been DOWN since Dec 9th, 2024 at 13.53
Smart Scan Analysis for MATR
Based on our trend formula, MATR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.32 | 12.55 | 12.32 | 12.47 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.47 | 268592 | 2024-12-24 12:59:51 |