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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
SHAWCOR LTD (TSE:MATR)
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.
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MarketClub’s Trade Triangles for MATR
The long-term trend has been DOWN since Aug 9th, 2024 at 15.220
The intermediate-term trend has been UP since Nov 6th, 2024 at 12.830
The short-term trend has been DOWN since Nov 14th, 2024 at 15.665
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.03 | 13.62 | 13.01 | 13.50 | +0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.50 | 278643 | 2024-11-20 15:59:29 |