Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Millrock Resources Inc (CDNX:MRO)
Bull Market Weakness (+75) - MRO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MRO as it may be in the beginning stages of a reversal.
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 DOWN since Jun 4th, 2021 at 0.09
The intermediate-term trend has been UP since Oct 18th, 2021 at 0.06
The short-term trend has been UP since Oct 18th, 2021 at 0.06
Smart Scan Analysis for MRO
Based on our trend formula, MRO is rated as a +70 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|