Stock Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
Montage Resources Corporation (NYSE:MR)
Long-Term Downtrend (-90) - MR is in a strong downtrend that is likely to continue. While MR 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 MR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MR
The long-term trend has been DOWN since Feb 3rd, 2020 at 3.57
The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 4.88
The short-term trend has been DOWN since Sep 21st, 2020 at 4.41
Smart Scan Analysis for MR
Based on our trend formula, MR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.3||52wk High Date||2019-12-24|
|52wk Low||1.985||52wk Low Date||2020-03-30|
|Average Volume||552,919||Shares Outstanding||36,022|