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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.

Open High Low MTL Price Change
13.21 13.36 13.00 13.11 -0.12
Entry Signal

MarketClub’s Trade Triangles for MTL

long term down The long-term trend has been DOWN since Aug 21st, 2023 at 14.41

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 13.13

short term down 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).

Smart Scan Analysis for MTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.21 13.36 13.00 13.11 -0.12
Prev. Close Volume Bid Ask Time
13.12 239996 2023-12-08 15:59:08
Year High16.93Year High Date2018-08-24
Year Low12.07Year Low Date2018-11-28
52wk High16.9352wk High Date2018-08-24
52wk Low12.0752wk Low Date2018-11-28
Year End Close20.9Average Volume130,737
Volatility34.23Payment Date2019-09-16
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