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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

MERCEDES BENZ GROUP AG (NASDAQ:MBGAF)

Sidelines Mode (+55) - MBGAF 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 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.

NASDAQ_MBGAF
Open High Low MBGAF Price Change
74.0300 74.2500 73.8900 74.0850 +0.2526
Entry Signal

MarketClub’s Trade Triangles for MBGAF

long term up The long-term trend has been UP since Feb 12th, 2024 at 70.3978

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 77.4900

short term up The short-term trend has been UP since May 14th, 2024 at 73.9600

Smart Scan Analysis for MBGAF

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

+55
Smart Scan Analysis for MBGAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.0300 74.2500 73.8900 74.0850 +0.2526
Prev. Close Volume Bid Ask Time
74.0850 41475 2024-05-17 15:54:00
52wk High83.552wk High Date2024-04-08
52wk Low58.42852wk Low Date2023-10-31
Average Volume35,956Shares Outstanding1,024,067
Assets263,022,000MLiabilities171,249,000M
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