Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
CareCloud, Inc. (NASDAQ:MTBC)
Weak Downtrend (-65) - MTBC is showing signs of a strengthening downtrend. Monitor MTBC as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MTBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MTBC
The long-term trend has been DOWN since Mar 4th, 2021 at 8.99
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 10.25
The short-term trend has been UP since May 6th, 2021 at 8.04
Smart Scan Analysis for MTBC
Based on our trend formula, MTBC is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.65||Year High Date||2018-11-06|
|Year Low||2.55||Year Low Date||2018-01-02|
|52wk High||13.4||52wk High Date||2020-08-07|
|52wk Low||5.83||52wk Low Date||2020-05-14|
|Average Volume||95,074||Shares Outstanding||14,052|