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.
MarketClub’s Trade Triangles for MATR
The long-term trend has been DOWN since Sep 27th, 2023 at 16.03
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 14.22
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).