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Stock Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Pinedale Energy Ltd (CDNX:MCF)

Long-Term Downtrend (-90) - MCF is in a strong downtrend that is likely to continue. While MCF 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 MCF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_MCF
Open High Low MCF Price Change
0.150 0.150 0.150 0.150 +0.005
Entry Signal

MarketClub’s Trade Triangles for MCF

long term down The long-term trend has been DOWN since May 21st, 2024 at 0.175

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.255

short term down The short-term trend has been DOWN since Jun 7th, 2024 at 0.165

Smart Scan Analysis for MCF

Based on our trend formula, MCF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MCF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.150 0.150 0.150 0.150 +0.005
Prev. Close Volume Bid Ask Time
0.145 6600 2024-06-13 09:30:00
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