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Stock Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Mesa Royalty Trust (NYSE:MTR)

Bear Market Rally (-75) - MTR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MTR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MTR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MTR Price Change
14.3000 15.0600 14.3000 14.7699 +0.5799
Entry Signal

MarketClub’s Trade Triangles for MTR

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 14.5927

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2023 at 15.7505

short term up The short-term trend has been UP since Mar 23rd, 2023 at 14.8499

Smart Scan Analysis for MTR

Based on our trend formula, MTR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.3000 15.0600 14.3000 14.7699 +0.5799
Prev. Close Volume Bid Ask Time
14.7699 6945 2023-03-23 15:59:33
Year High19.85Year High Date2018-01-03
Year Low13.175Year Low Date2018-10-31
52wk High2852wk High Date2022-05-27
52wk Low8.2652wk Low Date2022-03-31
Year End Close19.31Average Volume15,979
Shares Outstanding1,864Short Interest3,123
% Institutional7.2Market Cap15M
P/E Ratio9.6915Beta0.67
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