Stock Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
Martinas Biopharma Holdings, Inc (AMEX:MTNB)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MTNB
The long term trend has been UP since Oct 28th, 2019 at 0.940
The intermediate term trend has been UP since Oct 7th, 2019 at 0.699
The short term trend has been DOWN since Dec 11th, 2019 at 1.550
Smart Scan Analysis for MTNB
Based on a pre-defined weighted trend formula for chart analysis, MTNB scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.48||Year High Date||2018-10-01|
|Year Low||0.3237||Year Low Date||2018-06-28|
|52wk High||1.95||52wk High Date||2019-12-06|
|52wk Low||0.501||52wk Low Date||2018-12-26|
|Average Volume||3,153,076||Shares Outstanding||162,740|