Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

MERRIMACK PHARMACEUTICALS (NASDAQ:MACK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_MACK
Open High Low MACK Price Change
5.01 5.22 5.01 5.19 +0.14
Entry Signal

MarketClub’s Trade Triangles for MACK

long term down The long term trend has been DOWN since May 30th, 2017 at 29.00

intermediate term down The intermediate term trend has been DOWN since Sep 24th, 2018 at 5.39

short term up The short term trend has been UP since Oct 12th, 2018 at 5.03

Smart Scan Analysis for MACK

Based on a pre-defined weighted trend formula for chart analysis, MACK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for MACK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.01 5.22 5.01 5.19 +0.14
Prev. Close Volume Bid Ask Time
5.16 46073 2018-10-18 15:59:41
Year High11.7Year High Date2018-03-09
Year Low4.56Year Low Date2018-10-11
52wk High13.449952wk High Date2017-10-18
52wk Low4.5652wk Low Date2018-10-11
Year End Close6.09Average Volume55,602
Shares Outstanding94,181Short Interest3,605,567
% Institutional47.8Assets65.6M
Liabilities26.2MVolatility48.06
Want to analyze MERRIMACK PHARMACEUTICALS MACK or another symbol? Try our Free Stock Trend Analysis Report.