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Vail Resorts (MTN)

Consumer Discretionary · recreational resorts and leisure travel · NYSE

Vail Resorts is a global leader in mountain tourism, operating a premium network of year-round destination resorts and regional ski areas anchored by its proprietary Epic Pass ecosystem.

What Vail Resorts does

Vail Resorts operates a collection of destination mountain resorts and regional ski areas across North America, Australia, and Switzerland. The company’s Mountain segment generates revenue primarily through lift tickets, season pass products (such as the Epic Pass), ski schools, and dining/retail services, while its Lodging segment operates luxury hotels, condominiums, and National Park Service concessioner properties. The company also engages in real estate development in and around its resort communities.

Recent developments

The company reported a fiscal 2026 Resort Reported EBITDA of $745.7 million, down from $844.1 million in the prior year, citing historically challenging weather conditions in the western U.S. Vail Resorts is implementing an 'Epic Experience' growth strategy and an expanded resource efficiency transformation plan aiming for $30 million in additional savings by fiscal 2028.

From Vail Resorts's filing of 2026-09-28.

Themes: mountain resorts / ski industry, travel and tourism, outdoor recreation, hospitality / luxury lodging, subscription models / recurring revenue (pass products)

Fundamentals

  • Price$146.03 as of 2026-10-09 close
  • Market cap$5.2B as of 2026-09-23 (share count; price 2026-10-09)
  • 1-year return-2.7% 2025-10-09 close $150.12 → 2026-10-09 close $146.03
  • P/E33.17 as of 2026-10-09
  • Net margin+5.2% FY2026, SEC XBRL
  • ROE+26.5% FY2026, SEC XBRL
  • Debt / equity5.48 as of 2026-09-03
  • Revenue growth (YoY)-4.3% as of 2026-09-03
  • Revenue CAGR (3y)-0.6% SEC XBRL
  • Beta0.75 as of 2026-09-03
  • Last reported earnings2026-09-28 SEC EDGAR Form 8-K (Item 2.02)

Dividend: yield +6.4%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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How MTN compares in its sector

  • price-to-earnings ratiotop 25% 258 covered Consumer Discretionary peers, as of 2026-10-09
  • net profit marginmiddle range 314 covered Consumer Discretionary peers, as of 2026-09-03
  • operating margintop 25% 281 covered Consumer Discretionary peers, as of 2026-09-03
  • return on equitytop 25% 293 covered Consumer Discretionary peers, as of 2026-09-03
  • 3-year revenue CAGRmiddle range 326 covered Consumer Discretionary peers
  • indicated dividend yieldtop 10% 169 covered Consumer Discretionary peers, as of 2026-09-03
  • free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2026

Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Dividend coverage (FY2026)

Exceeded at least one reported measure. In FY2026, MTN's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 215%, free-cash-flow payout 128%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.

  • Earnings payout215% dividends / net income
  • Free-cash-flow payout128% dividends / (operating cash flow − capex)

Coverage derived from reported SEC EDGAR XBRL figures for FY2026 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.

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How Vail Resorts looks technically

Vail Resorts (MTN) is trading 6.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 52 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 2 trading days ago.

Trend

9
Distance from the 200-dayit is trading 6.3% above its 200-day average, the long-term trend line — a longer-term uptrend+6.3%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $142.75$142.75
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $137.40$137.40
Swing structureits recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swingsmixed — one of the two is not confirming
Last swing turnits last significant turn was a swing low 10 calendar days ago — the swings before that are what the structure reading is measured on10 sessions
Wave structureits recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 132.59. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next.possible three-wave downward correction, complete (atypical proportions)
Since the 50/200 crossits 50-day average crossed above its 200-day average about 52 trading days ago — a "golden cross", a bullish long-term signal52 sessions
Above the 200-day after a dipit recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 6.3% above+6.3%
Trend strength (14-day ADX)there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend)19.4

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30)58.3
Position in its 14-day rangeit is trading near the top of its 14-day range ($132.59 to $147.76) — its "stochastic" reading is 89 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions.88.6
Since the MACD crossed zeroMACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish)19 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $163.34$163.34
From the 52-week highit is 10.6% below its 52-week high (its highest price of the past year)-10.6%
Above the 52-week lowit is 23.2% above its 52-week low (its lowest price of the past year)+23.2%
Below the 52-week highit is 10.6% below its highest point of the past year10.6%
Since a 20-day breakoutit made a new 20-day high about 2 trading days ago2 sessions
Since a 55-day breakoutit made a new 55-day low about 23 trading days ago23 sessions
All-time highits highest closing price on record is $376.24 (set on 2021-11-08)$376.24
Given back of the 52-week moveover the past year its closes ranged ($119.02 to $161.76), and it has recovered close to two thirds of its fall from last year’s high — 63% of it. Chart-watchers call 61.8%-65% given back the "golden pocket", and this is inside it — for this company that is $145.43 to $146.80. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.63.2%
From the all-time highit is 61.2% below its all-time high-61.2%
Nearest price levelit is trading 1.0% below a resistance level at $147.45 — a price it turned at four times since 2025-06-06, most recently on 2026-06-18. Since 2024-10-09 it has 7 such levels below the current price and 6 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.+1.0%
All-time lowits lowest closing price on record is $14.76 (set on 2009-03-09)$14.76
Above the all-time lowit is 889.4% above its all-time low+889.4%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 86% of it)14th percentile
Typical daily rangein a typical session it travels about $4.67 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$4.67
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $134.63 and $146.14 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$134.63 – $140.38 – $146.14
Typical daily range (% of price)its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price3.2%
Stretch from the 200-day averageit is trading 1.9 daily ranges above its 200-day average price (6.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale1.9 daily ranges above its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average0.77×

Analyst

2
Change in the average price targetanalysts have cut their average price target by 0.6% since the prior reading-0.6%
Change in the consensus ratingthe analyst consensus rating is unchanged since the prior readingunchanged

Candlestick patterns

2
Since a doji2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level2 sessions ago
Since a bearish engulfing7 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it7 sessions ago

Price gaps

2
Gap at the openit opened on 2026-10-09 0.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close+0.2%
Gap filleda 2.1% gap up opened on 2026-09-30 has been "filled" 7 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it7 sessions ago

Price streaks

1
Closing streakit closed lower in its latest session, after a session that did not close lower — a single down day rather than a run1 session down

Relative strength

4
vs market, 1 monthover the past 1 month this stock beat the market by 9.9 percentage points (the stock gained 12.0% while the market gained 2.1%)+9.9%
vs market, 3 monthsover the past 3 months this stock lagged the market by 4.6 percentage points (the stock lost 1.0% while the market gained 3.6%)-4.6%
vs market, 6 monthsover the past 6 months this stock lagged the market by 1.8 percentage points (the stock gained 12.7% while the market gained 14.5%)-1.8%
vs market, 12 monthsover the past 12 months this stock lagged the market by 18.7 percentage points (the stock lost 2.7% while the market gained 16.0%)-18.7%

Signal agreement

2
Bullish technical signals5 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast5 of 9
Bearish technical signals2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast2 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 0.1% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-02 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 0.9% of the share price, which is taken to mean a barrier that gives way easily.+0.1%

Volume-weighted price

2
Vs this year’s average price paidthe price is 6% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $137.18 — a volume-weighted average of daily closes over 192 sessions, not a true tick-by-tick VWAP.+6.5%
Vs the average paid since it last reportedthe price is 3% above the average price paid since it last reported on 2026-09-28 (its 10-K), so the typical buyer over that stretch is showing a gain. That average is $141.16 — a volume-weighted average of daily closes over 10 sessions, not a true tick-by-tick VWAP.+3.5%

Price levels it has turned at before

MTN last closed at $146.03 on 2026-10-09. Since 2024-10-09 it has turned at 7 prices below its last close and 6 above; the 3 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$147.45Resistance1.0% above the last closeturned there four times · 2025-06-06 to 2026-06-18
$144.46Support1.1% below the last closeturned there 8 times · 2025-04-23 to 2026-09-17
$140.42Support3.8% below the last closeturned there five times · 2025-09-30 to 2026-08-13
$153.05Resistance4.8% above the last closeturned there 7 times · 2025-03-10 to 2026-08-21
$135.41Support7.3% below the last closeturned there twice · 2026-04-08 to 2026-04-22
$158.58Resistance8.6% above the last closeturned there 7 times · 2025-03-21 to 2026-07-29

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.

This labelling fails — stops being a possible reading at all — if it closes below $132.59.

It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.

This reading has stood for 4 trading days, since 2026-10-06.

Read from daily closes as of 2026-10-09.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-10-09. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Consensus ratingHold (2.62 mean, 1=Strong Buy…5=Strong Sell) — 13 analysts
  • Mean price target$143.85 range $117.00 – $191.00; median $140.00

Analyst estimates, as of 2026-10-10. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for MTN

  • Consensus EPS estimate-$5.37 next reporting period, as of 2026-10-10

Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Adverse weather conditions and lack of snowfall significantly impact visitation and revenue.","Discretionary nature of travel and tourism makes business sensitive to economic slowdowns, inflation, and reduced consumer spending.","Seasonality of operations results in highly concentrated revenue in specific fiscal quarters."]

See MTN's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of MTN's 10-Q filed 2026-06-08 against the prior one filed 2026-03-09.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Newer filing references period ended April 30, 2026 and includes comparative data for three and nine months ended April 30, 2026 and 2025 (filed 2026-06-08)
    • Newer filing adds disclosure: 'approximately 60% and 59% of Mountain segment revenue for the nine months ended April 30, 2026 and 2025, respectively' (filed 2026-06-08)
    • Newer filing adds: 'For the 2025/2026 North American ski season, Destination guests comprised approximately 58% of our North American destination mountain resort skier visits (excluding complimentary access), while Local guests comprised approximately 42%' and comparison to 2024/2025 season at 56% and 44% (filed 2026-06-08)
  • Removed:
    • Older filing references period ended January 31, 2026 (filed 2026-03-09)
    • Older filing references three and six months ended (filed 2026-03-09)
    • Older filing states lift tickets represented 'approximately 62% and 61% of Mountain segment revenue for the three months ended January 31, 2026 and 2025, respectively' (filed 2026-03-09)
    • Older filing references 'For the three months ended January 31, 2026, Destination guests comprised approximately 54%' with comparison to three months ended January 31, 2025 at 52% (filed 2026-03-09)
  • Reworded:
    • Newer filing (2026-06-08) describes lift revenue source as 'sale of lift tickets and pass products' versus older filing (2026-03-09) description of 'sale of lift tickets (including pass products)'
    • Newer filing (2026-06-08) references 'for the 2025/2026 North American ski season' versus older filing (2026-03-09) reference to 'for the three months ended January 31, 2026'
  • Notes:
    • The two filings cover different periods (April 30, 2026 versus January 31, 2026) and different fiscal quarter/month comparisons, making some numerical differences a function of timing rather than substantive changes
    • The older filing text appears truncated at the end ('Destination gues'), potentially obscuring additional content

Risk Factors

  • Added:
    • Newer filing (2026-06-08) includes nine-month period ended April 30, 2026 in income statement and comprehensive income statement, whereas older filing (2026-03-09) reported six-month period ended January 31, 2026
    • Newer filing adds April 30, 2026 and April 30, 2025 comparative balance sheet dates; older filing shows January 31, 2026 and January 31, 2025
    • Newer filing reports April 30, 2026 stockholders' equity balance of $916,094 thousand; older filing's final balance shown is January 31, 2026 at $644,786 thousand
    • Newer filing includes three-month and nine-month revenue comparisons; older filing presents three-month and six-month comparisons
  • Removed:
    • Older filing's stockholders' equity statement showing October 31, 2024 and October 31, 2025 opening balances is not present in newer filing
    • Older filing's six-month period ended January 31, 2026 and January 31, 2025 financial data removed in favor of nine-month periods in newer filing
  • Reworded:
    • Risk Factors section page number changed from 41 in older filing to 42 in newer filing
    • Item 6. Exhibits page number changed from 42 in older filing to 43 in newer filing
    • Statements period descriptions changed from 'Three Months Ended January 31' and 'Six Months Ended January 31' to 'Three Months Ended April 30' and 'Nine Months Ended April 30'
    • Balance sheet dates changed from 'January 31, 2026' primary date to 'April 30, 2026' primary date
  • Notes:
    • The newer filing appears to be a subsequent quarter 10-Q covering through April 30, 2026 versus the older filing covering through January 31, 2026; this represents normal quarterly progression rather than restatement
    • Financial statement line items, account values, and structures remain substantively similar between filings; differences reflect period-specific operational results rather than accounting policy changes

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-05. The 5 days since 2026-10-05 have not been checked yet.

Most recent open-market transaction: 2026-03-16. Based on Form 4 filings read through 2026-10-05; anything filed since is not yet included.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

U.S. House trading disclosures

U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 1 matched disclosure for MTN from U.S. House Clerk Periodic Transaction Report filings.

U.S. House trading disclosures →

Institutional ownership (13F)

4 institutional 13F filers reported holding MTN as of 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 4
  • Reported shares held 6,332,801
  • Reported value $864,742,819

reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

MTN had 6,196,456 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).

MTN had 17.4% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 7.82 days to cover at the same settlement.

  • Reported short interest (shares) 6,196,456
  • Short interest (% of shares outstanding) 17.4%
  • Prior settlement (shares) 5,754,554
  • Reported change 7.68%
  • Days to cover (reported) 7.82

Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

  • Alterra Mountain Company
  • Powdr Corp
  • Boyne Resorts
  • Aspen Skiing Company

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Vail Resorts is found in…

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Frequently asked questions

What does Vail Resorts (MTN) do?

Vail Resorts operates a collection of destination mountain resorts and regional ski areas across North America, Australia, and Switzerland. The company’s Mountain segment generates revenue primarily through lift tickets, season pass products (such as the Epic Pass), ski schools, and dining/retail services, while its Lodging segment operates luxury hotels, condominiums, and National Park Service concessioner properties.

What sector is Vail Resorts (MTN) in?

Vail Resorts (MTN) is classified in the Consumer Discretionary sector. Its industry is recreational resorts and leisure travel. It trades on NYSE.

Does MTN pay a dividend?

Yes — Vail Resorts (MTN) pays a dividend, with an indicated yield of about 6.35% and 5-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-03). Informational only — not financial advice.

Who are Vail Resorts's (MTN) competitors?

Notable peers of Vail Resorts (MTN) include Alterra Mountain Company, Powdr Corp, Boyne Resorts and Aspen Skiing Company. This peer set is informational only — not financial advice.

Has there been recent U.S. House stock trading in MTN?

Yes — we hold 1 matched STOCK Act disclosure for MTN from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.

Is Vail Resorts (MTN) overbought or oversold right now?

Vail Resorts (MTN) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 58, in the neutral middle (as of 2026-10-09). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on MTN come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-10-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.