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Stock Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Medallion Resources Ltd (CDNX:MDL)

Sidelines Mode (-55) - MDL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MDL?

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

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

CDNX_MDL
Open High Low MDL Price Change
0.160 0.175 0.160 0.175 +0.015
Entry Signal

MarketClub’s Trade Triangles for MDL

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 0.28

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.16

short term up The short-term trend has been UP since Oct 8th, 2021 at 0.15

Smart Scan Analysis for MDL

Based on our trend formula, MDL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.160 0.175 0.160 0.175 +0.015
Prev. Close Volume Bid Ask Time
0.175 111683 2021-10-20 15:59:52
Year High0.18Year High Date2018-03-22
Year Low0.08Year Low Date2018-07-10
52wk High0.1852wk High Date2018-03-22
52wk Low0.0852wk Low Date2018-07-10
Year End Close0.18Average Volume28,385
Volatility111.31
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