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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Matachewan Cons Mines Ltd (CDNX:MCM.A)

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

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

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

CDNX_MCM.A
Open High Low MCM.A Price Change
0.22 0.22 0.22 0.22 +0.01
Entry Signal

MarketClub’s Trade Triangles for MCM.A

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 0.220

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.220

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.215

Smart Scan Analysis for MCM.A

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

-90
Smart Scan Analysis for MCM.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22 0.22 0.22 0.22 +0.01
Prev. Close Volume Bid Ask Time
0.22 10000 2024-04-16 12:41:03
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