Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Mullen Group Ltd (TSE:MTL)
Long-Term Downtrend (-90) - MTL is in a strong downtrend that is likely to continue. While MTL 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 MTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTL
The long-term trend has been DOWN since Aug 21st, 2023 at 14.41
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 13.13
The short-term trend has been DOWN since Dec 8th, 2023 at 13.06
Smart Scan Analysis for MTL
Based on our trend formula, MTL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||16.93||Year High Date||2018-08-24|
|Year Low||12.07||Year Low Date||2018-11-28|
|52wk High||16.93||52wk High Date||2018-08-24|
|52wk Low||12.07||52wk Low Date||2018-11-28|
|Year End Close||20.9||Average Volume||130,737|