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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.

CDNX_MDL
Open High Low MDL Price Change
0.060 0.060 0.055 0.055 -0.005
Entry Signal

MarketClub’s Trade Triangles for MDL

long term down The long-term trend has been DOWN since Jul 9th, 2021 at 0.28

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 0.11

short term down 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).

-90
Smart Scan Analysis for MDL
Strong Downtrend Sideways 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 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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