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Stock Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Medallion Resources Ltd (CDNX:MDL)
Long-Term Downtrend (-90) - MDL is in a strong downtrend that is likely to continue. While MDL 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 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.
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MarketClub’s Trade Triangles for MDL
The long-term trend has been DOWN since Jul 9th, 2021 at 0.28
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 0.11
The short-term trend has been DOWN since Jun 23rd, 2022 at 0.09
Smart Scan Analysis for MDL
Based on our trend formula, MDL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.060 | 0.060 | 0.055 | 0.055 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.060 | 6760 | 2022-07-06 13:46:31 |
| Year High | 0.18 | Year High Date | 2018-03-22 |
| Year Low | 0.08 | Year Low Date | 2018-07-10 |
| 52wk High | 0.18 | 52wk High Date | 2018-03-22 |
| 52wk Low | 0.08 | 52wk Low Date | 2018-07-10 |
| Year End Close | 0.18 | Average Volume | 28,385 |
| Volatility | 111.31 |