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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Pinedale Energy Ltd (CDNX:MCF)

Sidelines Mode (+55) - MCF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MCF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_MCF
Open High Low MCF Price Change
0.190 0.190 0.180 0.185 -0.010
Entry Signal

MarketClub’s Trade Triangles for MCF

long term up The long-term trend has been UP since Mar 1st, 2024 at 0.310

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.255

short term up The short-term trend has been UP since May 2nd, 2024 at 0.190

Smart Scan Analysis for MCF

Based on our trend formula, MCF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MCF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.190 0.190 0.180 0.185 -0.010
Prev. Close Volume Bid Ask Time
0.195 180964 2024-05-08 16:13:13
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