Match Group Stock Could Move Back Toward Lows
Match Group(MTCH) Schaeffers Research·2023-12-26 21:01
Match Group Inc (NASDAQ:MTCH) stock has been climbing since its early-November six-year lows, logging wins in five of the last seven weeks. However, if past is precedent, the dating app stock could be headed for a short-term dip. MTCH was last seen down 0.5% at $35.00, but its recent rally took the shares within one standard deviation of its 80-day moving average, a trendline with historically bearish implications. According to Schaeffer's Senior Quantitative Analyst Rocky White, Match Group stock has seen ...