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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
MEI Pharma, Inc. (NASDAQ:MEIP)
Long-Term Downtrend (-90) - MEIP is in a strong downtrend that is likely to continue. While MEIP 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 MEIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEIP.
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 MEIP
The long-term trend has been DOWN since Jan 16th, 2024 at 5.480
The intermediate-term trend has been DOWN since Feb 16th, 2024 at 4.290
The short-term trend has been DOWN since Apr 4th, 2024 at 3.839
Smart Scan Analysis for MEIP
Based on our trend formula, MEIP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3000 | 3.2998 | 3.2200 | 3.2998 | +0.0498 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2500 | 25836 | 2024-04-19 15:04:27 |
| Year High | 5.14 | Year High Date | 2018-06-06 |
| Year Low | 1.89 | Year Low Date | 2018-04-09 |
| 52wk High | 7.97 | 52wk High Date | 2023-05-23 |
| 52wk Low | 3.2 | 52wk Low Date | 2024-04-16 |
| Year End Close | 7.0002 | Average Volume | 20,710 |
| Shares Outstanding | 6,663 | Short Interest | 189,321 |
| % Institutional | 42.7 | Market Cap | 136M |
| Assets | 78,538,000M | Liabilities | 19,050,000M |
| P/E Ratio | 1.0943 | Beta | 1.27 |
| Volatility | 65.55 |