Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK)
Crossroads (+60) - MACK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MACK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MACK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MACK
The long-term trend has been UP since Nov 15th, 2023 at 12.620
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 14.680
The short-term trend has been DOWN since Apr 25th, 2024 at 14.705
Smart Scan Analysis for MACK
Based on our trend formula, MACK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.72 | 14.76 | 14.72 | 14.74 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.73 | 25899 | 2024-04-26 11:54:56 |
| Year High | 11.7 | Year High Date | 2018-03-09 |
| Year Low | 3.3401 | Year Low Date | 2018-10-19 |
| 52wk High | 15.89 | 52wk High Date | 2024-02-13 |
| 52wk Low | 11.53 | 52wk Low Date | 2023-07-19 |
| Year End Close | 6.09 | Average Volume | 118,543 |
| Shares Outstanding | 14,532 | Short Interest | 3,605,567 |
| % Institutional | 47.8 | Market Cap | 80M |
| Assets | 19,188,000M | Liabilities | 441,000M |
| P/E Ratio | 71.6667 | Volatility | 94.47 |