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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Melkior Resources Inc (CDNX:MKR)

Sidelines Mode (-55) - MKR 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 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
0.135 0.135 0.130 0.130 -0.005
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 up The intermediate-term trend has been UP since Apr 8th, 2024 at 0.120

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 0.135

Smart Scan Analysis for MKR

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

-55
Smart Scan Analysis for MKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.135 0.135 0.130 0.130 -0.005
Prev. Close Volume Bid Ask Time
0.125 61850 2024-04-16 13:42:48
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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