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Stock Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

Melkior Resources Inc (CDNX:MKR)

Bear Market Rally (-75) - MKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MKR as it may be in the beginning 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.

CDNX_MKR
Open High Low MKR Price Change
0.305 0.305 0.295 0.295 -0.010
Entry Signal

MarketClub’s Trade Triangles for MKR

long term down The long-term trend has been DOWN since Mar 31st, 2021 at 0.580

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 0.320

short term down The short-term trend has been DOWN since Oct 5th, 2021 at 0.315

Smart Scan Analysis for MKR

Based on our trend formula, MKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.305 0.305 0.295 0.295 -0.010
Prev. Close Volume Bid Ask Time
0.305 15500 2021-10-15 15:48:10
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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