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CareCloud Inc (MTBC) – sideways & breakout history

NASDAQ

CareCloud Inc has been moving sideways between $0.68 and $3.5787 since 12 May 2024.

Since 2019, NasdaqScan has found 3 sideways ranges in MTBC. Completed ranges lasted 970 days on average, from 672 to 1267 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 426% wide from low to high. NasdaqScan detected one breakout pattern in CareCloud Inc, on 6 Mar 2022 after 672 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$0.68 – $3.578712 May 2024Still sideways——
$5.59 – $13.4027 Dec 202016 Jun 2024 (1267 days)Broke below the range at $3.806 Mar 2022 (Go ahead)
$3.25 – $5.1517 Mar 201917 Jan 2021 (672 days)Broke above the range at $8.99—

Breakout patterns detected

  • 6 Mar 2022: breakout from a sideways range after 672 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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