Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Merrimack Pharmaceuticals, Inc (NASDAQ:MACK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

NASDAQ_MACK
Open High Low MACK Price Change
4.25 4.33 4.17 4.26 +0.02
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 down The short term trend has been DOWN since Dec 6th, 2018 at 4.37

Smart Scan Analysis for MACK

Based on a pre-defined weighted trend formula for chart analysis, MACK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MACK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.25 4.33 4.17 4.26 +0.02
Prev. Close Volume Bid Ask Time
4.63 30235 2018-12-10 15:59:50
Year High11.7Year High Date2018-03-09
Year Low3.3401Year Low Date2018-10-19
52wk High12.0652wk High Date2017-11-30
52wk Low3.340152wk Low Date2018-10-19
Year End Close6.09Average Volume51,724
Shares Outstanding94,181Short Interest3,605,567
% Institutional47.8Assets65.6M
Liabilities26.2MVolatility94.47
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