Stock Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
Medical Transcription Billing (NASDAQ:MTBC)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 MTBC
The long term trend has been UP since Apr 2nd, 2019 at 4.8500
The intermediate term trend has been DOWN since May 3rd, 2019 at 4.7662
The short term trend has been DOWN since May 10th, 2019 at 4.9600
Smart Scan Analysis for MTBC
Based on a pre-defined weighted trend formula for chart analysis, MTBC scored -60 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||5.65||52wk High Date||2018-11-06|
|52wk Low||3.13||52wk Low Date||2018-03-29|
|Average Volume||42,666||Shares Outstanding||11,830|
|Market Cap||55M||P/E Ratio||-10|