Mttr stock price seasonality trends suggest MTTR stock

Seasonality trends suggest MTTR stock price tends to perform stronger in Q2, coinciding with higher real estate transaction volumes — a primary sector for the company’s solutions. READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’ . On July 23, spatial data company Matterport (MTTR) went public after closing its reverse merger deal with Gores Holdings VI (GHVI) SPAC. On July 29, MTTR stock rose more than 8 percent, but it's still 46 percent down from its 52-week high. Will Matterport stock rise more and is it a good long-term investment at the current price? Over the past month, MTTR stock price has climbed roughly 8.4%, outperforming the NASDAQ Composite’s 5.1% gain. Technical analysts point to the stock breaking above its 50-day moving average, a level now acting as near-term support at $6.