Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Mexican Gold Corp (CDNX:MEX)
Countertrend Down (-85) - MEX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEX
The long-term trend has been DOWN since Aug 17th, 2021 at 0.095
The intermediate-term trend has been DOWN since Oct 11th, 2023 at 0.075
The short-term trend has been UP since Nov 13th, 2023 at 0.075
Smart Scan Analysis for MEX
Based on our trend formula, MEX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.41||Year High Date||2018-04-18|
|Year Low||0.145||Year Low Date||2018-11-28|
|52wk High||0.41||52wk High Date||2018-04-18|
|52wk Low||0.145||52wk Low Date||2018-11-28|