Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Merrimack Pharmaceuticals, Inc (NASDAQ:MACK)

Sidelines Mode (+55) - MACK 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 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.

NASDAQ_MACK
Open High Low MACK Price Change
3.310 3.395 3.280 3.390 +0.060
Entry Signal

MarketClub’s Trade Triangles for MACK

long term up The long-term trend has been UP since Apr 8th, 2020 at 3.65

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 3.38

short term up The short-term trend has been UP since May 28th, 2020 at 3.47

Smart Scan Analysis for MACK

Based on our trend formula, MACK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MACK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.310 3.395 3.280 3.390 +0.060
Prev. Close Volume Bid Ask Time
2.140 9537 2020-05-29 15:59:58
Year High11.7Year High Date2018-03-09
Year Low3.3401Year Low Date2018-10-19
52wk High7.2552wk High Date2019-04-04
52wk Low1.4952wk Low Date2020-03-20
Year End Close6.09Average Volume38,858
Shares Outstanding13,380Short Interest3,605,567
% Institutional47.8Market Cap80M
Assets20,082,000MLiabilities2,770,000M
P/E Ratio-3.6Volatility94.47
Get a free daily analysis and signals for Merrimack Pharmaceuticals, Inc (MACK) - Request Your Free Report.