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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
MENE INC ORD (NASDAQ:MENEF)
Long-Term Downtrend (-90) - MENEF is in a strong downtrend that is likely to continue. While MENEF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MENEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MENEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MENEF
The long-term trend has been DOWN since Oct 25th, 2023 at 0.190
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 0.254
The short-term trend has been DOWN since May 8th, 2024 at 0.150
Smart Scan Analysis for MENEF
Based on our trend formula, MENEF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.14410 | 0.16000 | 0.14410 | 0.16000 | +0.00345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.16000 | 50028 | 2024-05-08 15:43:00 |
| Year High | 0.672 | Year High Date | 2018-11-06 |
| Year Low | 0.06 | Year Low Date | 2018-01-25 |
| 52wk High | 0.36 | 52wk High Date | 2023-08-07 |
| 52wk Low | 0.1441 | 52wk Low Date | 2024-04-24 |
| Average Volume | 73,998 | Shares Outstanding | 242,458 |
| Assets | 28,593,429M | Liabilities | 10,771,890M |
| Volatility | 800.27 |