MasTec (MTZ, $118.67) entered Downtrend as Momentum indicator drops below 0 level on Apr 15, 2025

#EngineeringConstruction, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #MidCap
MTZ - MasTec
Momentum signal
Bearish Trend
83%
Odds of DOWN Trend
Price: $118.67
Daily change: +$0.47 (+0.4%)
Daily volume: 657.8K
Capitalization: $9.4B
Industry: Engineering & Construction

This indicator may be signaling that MTZ's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 76 similar cases where MTZ's Momentum Indicator fell below the 0 level, and 63 of them led to a successful outcome. Odds of Success: 83%.