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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Martinrea Intl Inc (TSE:MRE)

Sidelines Mode (-55) - MRE 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 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.

TSE_MRE
Open High Low MRE Price Change
12.25 12.39 12.03 12.03 -0.28
Entry Signal

MarketClub’s Trade Triangles for MRE

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 11.82

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 11.78

short term down The short-term trend has been DOWN since May 22nd, 2024 at 12.28

Smart Scan Analysis for MRE

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

-55
Smart Scan Analysis for MRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.25 12.39 12.03 12.03 -0.28
Prev. Close Volume Bid Ask Time
12.31 76118 2024-05-22 13:46:26
Year High17.5Year High Date2018-05-10
Year Low10.46Year Low Date2018-11-29
52wk High17.552wk High Date2018-05-10
52wk Low10.4652wk Low Date2018-11-29
Year End Close7.75Average Volume253,652
Volatility31.29
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