MBCC in downward trend: 10-day moving average crossed below 50-day moving average on September 21, 2023
The 10-day moving average for MBCC crossed bearishly below the 50-day moving average on September 21, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 6 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on MBCC as a result. In of 35 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for MBCC turned negative on September 13, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 20 similar instances when the indicator turned negative. In of the 20 cases the stock turned lower in the days that followed. This puts the odds of success at .
MBCC moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MBCC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for MBCC entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MBCC advanced for three days, in of 163 cases, the price rose further within the following month. The odds of a continued upward trend are .
MBCC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
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Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeGrowth
MBCC and
Correlation & Price change
A.I.dvisor tells us that MBCC and VUG have been poorly correlated (+12% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MBCC and VUG's prices will move in lockstep.
| Ticker / NAME | Correlation To MBCC | 1D Price Change % | ||
|---|---|---|---|---|
| MBCC | 100% | -1.49% | ||
| VUG - MBCC | 12% Poorly correlated | -1.66% | ||
| IWF - MBCC | 11% Poorly correlated | -1.59% | ||
| SCHG - MBCC | 11% Poorly correlated | -1.60% | ||
| QQQ - MBCC | 11% Poorly correlated | -1.50% | ||
| IVW - MBCC | 11% Poorly correlated | -1.43% | ||
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