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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.
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MarketClub’s Trade Triangles for MDA
The long-term trend has been UP since May 19th, 2023 at 8.20
The intermediate-term trend has been DOWN since Oct 27th, 2023 at 11.29
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).
| 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 |