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Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Melkior Resources Inc (CDNX:MKR)
Bull Market Weakness (+75) - MKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MKR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for MKR
The long-term trend has been DOWN since Aug 3rd, 2023 at 0.190
The intermediate-term trend has been UP since Nov 20th, 2023 at 0.125
The short-term trend has been UP since Nov 29th, 2023 at 0.135
Smart Scan Analysis for MKR
Based on our trend formula, MKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.135 | 0.140 | 0.135 | 0.140 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.135 | 1000 | 2023-11-29 09:34:46 |
| Year High | 0.105 | Year High Date | 2018-05-29 |
| Year Low | 0.035 | Year Low Date | 2018-02-27 |
| 52wk High | 0.105 | 52wk High Date | 2018-05-29 |
| 52wk Low | 0.035 | 52wk Low Date | 2018-02-27 |
| Year End Close | 0.075 | Average Volume | 97,735 |
| Volatility | 154.94 |