Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MACK
The long-term trend has been UP since Nov 9th, 2022 at 5.11
The intermediate-term trend has been DOWN since Jan 25th, 2023 at 11.11
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).
| 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 High | 11.7 | Year High Date | 2018-03-09 |
| Year Low | 3.3401 | Year Low Date | 2018-10-19 |
| 52wk High | 13.66 | 52wk High Date | 2022-11-09 |
| 52wk Low | 3 | 52wk Low Date | 2022-10-10 |
| Year End Close | 6.09 | Average Volume | 52,096 |
| Shares Outstanding | 13,410 | Short Interest | 3,605,567 |
| % Institutional | 47.8 | Market Cap | 80M |
| Assets | 19,836,000M | Liabilities | 589,000M |
| P/E Ratio | 71.6667 | Volatility | 94.47 |