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Stock Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK)

Bull Market Weakness (+75) - MACK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MACK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MACK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MACK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MACK Price Change
11.56 11.66 11.45 11.66 +0.16
Entry Signal

MarketClub’s Trade Triangles for MACK

long term up The long-term trend has been UP since Nov 9th, 2022 at 5.11

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2023 at 11.11

short term up The short-term trend has been UP since Mar 14th, 2023 at 11.67

Smart Scan Analysis for MACK

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

Smart Scan Analysis for MACK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.56 11.66 11.45 11.66 +0.16
Prev. Close Volume Bid Ask Time
11.56 336667 2023-03-21 15:59:45
Year High11.7Year High Date2018-03-09
Year Low3.3401Year Low Date2018-10-19
52wk High13.6652wk High Date2022-11-09
52wk Low352wk Low Date2022-10-10
Year End Close6.09Average Volume52,096
Shares Outstanding13,410Short Interest3,605,567
% Institutional47.8Market Cap80M
P/E Ratio71.6667Volatility94.47
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