Stock Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
Mesa Royalty Trust (NYSE:MTR)
Bull Market Weakness (+75) - MTR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MTR as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for MTR
The long-term trend has been UP since Nov 18th, 2020 at 5.14
The intermediate-term trend has been UP since Sep 2nd, 2021 at 5.90
The short-term trend has been DOWN since Sep 20th, 2021 at 6.16
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).
|Year High||19.85||Year High Date||2018-01-03|
|Year Low||13.175||Year Low Date||2018-10-31|
|52wk High||7.74||52wk High Date||2021-05-13|
|52wk Low||3.43||52wk Low Date||2020-09-24|
|Year End Close||19.31||Average Volume||11,821|
|Shares Outstanding||1,864||Short Interest||3,123|
|% Institutional||7.2||Market Cap||15M|