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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK)

Weak Downtrend (-65) - MACK is showing signs of a strengthening downtrend. Monitor MACK as it may be building momentum to the downside.

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
14.690 14.710 14.670 14.685 +0.005
Entry Signal

MarketClub’s Trade Triangles for MACK

long term up The long-term trend has been UP since Nov 15th, 2023 at 12.62

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 14.68

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 14.70

Smart Scan Analysis for MACK

Based on our trend formula, MACK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MACK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.690 14.710 14.670 14.685 +0.005
Prev. Close Volume Bid Ask Time
14.680 88392 2024-04-18 15:59:46
Year High11.7Year High Date2018-03-09
Year Low3.3401Year Low Date2018-10-19
52wk High15.8952wk High Date2024-02-13
52wk Low11.5352wk Low Date2023-07-19
Year End Close6.09Average Volume122,339
Shares Outstanding14,532Short Interest3,605,567
% Institutional47.8Market Cap80M
Assets19,188,000MLiabilities441,000M
P/E Ratio71.6667Volatility94.47
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