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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
MERCEDES BENZ GROUP AG (NASDAQ:MBGAF)
Long-Term Downtrend (-90) - MBGAF is in a strong downtrend that is likely to continue. While MBGAF 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 MBGAF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MBGAF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MBGAF
The long-term trend has been DOWN since Jun 7th, 2024 at 70.450
The intermediate-term trend has been DOWN since Jul 25th, 2024 at 67.920
The short-term trend has been DOWN since Jul 24th, 2024 at 69.106
Smart Scan Analysis for MBGAF
Based on our trend formula, MBGAF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.38 | 69.15 | 68.17 | 68.50 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.65 | 34275 | 2024-07-26 15:59:00 |
| 52wk High | 83.5 | 52wk High Date | 2024-04-08 |
| 52wk Low | 58.428 | 52wk Low Date | 2023-10-31 |
| Average Volume | 33,113 | Shares Outstanding | 1,024,067 |
| Assets | 263,022,000M | Liabilities | 171,249,000M |