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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

MDA (TSE:MDA)

Sidelines Mode (-50) - MDA is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MDA can gain momentum.

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

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

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

TSE_MDA
Open High Low MDA Price Change
11.62 11.75 11.50 11.52 -0.08
Entry Signal

MarketClub’s Trade Triangles for MDA

long term up The long-term trend has been UP since May 19th, 2023 at 8.20

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2023 at 11.29

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 11.11

Smart Scan Analysis for MDA

Based on our trend formula, MDA is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for MDA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.62 11.75 11.50 11.52 -0.08
Prev. Close Volume Bid Ask Time
11.60 391568 2023-12-08 15:59:06
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