Stock Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Millrock Resources Inc (CDNX:MRO)
Long-Term Downtrend (-90) - MRO is in a strong downtrend that is likely to continue. While MRO 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 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 Sep 10th, 2020 at 0.175
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.100
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.115
Smart Scan Analysis for MRO
Based on our trend formula, MRO is rated as a -90 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|