Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

MARGAUX RESOURCES LTD (CDNX:MRL)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CDNX_MRL
Open High Low MRL Price Change
0.2 0.2 0.2 0.2 0.0
Entry Signal

MarketClub’s Trade Triangles for MRL

long term down The long term trend has been DOWN since Jan 30th, 2018 at 0.245

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2018 at 0.250

short term down The short term trend has been DOWN since Jun 7th, 2018 at 0.210

Smart Scan Analysis for MRL

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

-100
Smart Scan Analysis for MRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2 0.2 0.2 0.2 0.0
Prev. Close Volume Bid Ask Time
0.2 1000 2018-06-19 09:30:00
Year High0.35Year High Date2018-01-09
Year Low0.115Year Low Date2018-05-16
52wk High0.3552wk High Date2018-01-09
52wk Low0.11552wk Low Date2018-05-16
Average Volume4,180Volatility100.57
Want to analyze MARGAUX RESOURCES LTD MRL or another symbol? Try our Free Stock Trend Analysis Report.