Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Millrock Resources Inc (CDNX:MRO)
Sidelines Mode (-55) - MRO 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 MRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRO
The long-term trend has been UP since Mar 29th, 2021 at 0.145
The intermediate-term trend has been DOWN since Apr 12th, 2021 at 0.095
The short-term trend has been UP since May 4th, 2021 at 0.100
Smart Scan Analysis for MRO
Based on our trend formula, MRO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.4||Year High Date||2018-06-04|
|Year Low||0.1||Year Low Date||2018-11-27|
|52wk High||0.4||52wk High Date||2018-06-04|
|52wk Low||0.1||52wk Low Date||2018-11-27|
|Year End Close||0.24||Average Volume||71,917|