Stock Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
Martinrea Intl Inc (TSE:MRE)
Long-Term Downtrend (-90) - MRE is in a strong downtrend that is likely to continue. While MRE 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 MRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRE
The long-term trend has been DOWN since Mar 5th, 2021 at 13.48
The intermediate-term trend has been DOWN since Jan 19th, 2022 at 11.08
The short-term trend has been DOWN since Jan 19th, 2022 at 11.49
Smart Scan Analysis for MRE
Based on our trend formula, MRE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.5||Year High Date||2018-05-10|
|Year Low||10.46||Year Low Date||2018-11-29|
|52wk High||17.5||52wk High Date||2018-05-10|
|52wk Low||10.46||52wk Low Date||2018-11-29|
|Year End Close||7.75||Average Volume||253,652|