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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Melkior Resources Inc (CDNX:MKR)

Strong Downtrend (-100) - MKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MKR continues to fall. Traders should use caution and set stops.

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

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

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

CDNX_MKR
Open High Low MKR Price Change
0.080 0.080 0.070 0.070 -0.015
Entry Signal

MarketClub’s Trade Triangles for MKR

long term down The long-term trend has been DOWN since Mar 22nd, 2024 at 0.105

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 0.075

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.075

Smart Scan Analysis for MKR

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

-100
Smart Scan Analysis for MKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.080 0.080 0.070 0.070 -0.015
Prev. Close Volume Bid Ask Time
0.070 46000 2024-11-19 14:54:28
Year High0.105Year High Date2018-05-29
Year Low0.035Year Low Date2018-02-27
52wk High0.10552wk High Date2018-05-29
52wk Low0.03552wk Low Date2018-02-27
Year End Close0.075Average Volume97,735
Volatility154.94
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