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Stock Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

Melkior Resources Inc (CDNX:MKR)

Long-Term Downtrend (-90) - MKR is in a strong downtrend that is likely to continue. While MKR 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 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
0.410 0.410 0.390 0.410 +0.005
Entry Signal

MarketClub’s Trade Triangles for MKR

long term down The long-term trend has been DOWN since Mar 31st, 2021 at 0.58

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2021 at 0.44

short term down The short-term trend has been DOWN since May 3rd, 2021 at 0.56

Smart Scan Analysis for MKR

Based on our trend formula, MKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.410 0.410 0.390 0.410 +0.005
Prev. Close Volume Bid Ask Time
0.410 5000 2021-05-17 15:42:03
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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