Stock Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Millennium Cell Inc (NASDAQ:MCELQ)
Weak Downtrend (-65) - MCELQ is showing signs of a strengthening downtrend. Monitor MCELQ as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MCELQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCELQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCELQ
The long-term trend has been UP since May 18th, 2020 at 0.0100
The intermediate-term trend has been DOWN since Jul 22nd, 2020 at 0.0024
The short-term trend has been DOWN since Jul 27th, 2020 at 0.0022
Smart Scan Analysis for MCELQ
Based on our trend formula, MCELQ is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.01||Year High Date||2018-06-15|
|Year Low||0.000001||Year Low Date||2018-01-09|
|52wk High||0.035||52wk High Date||2020-01-06|
|52wk Low||0.000001||52wk Low Date||2019-12-30|
|Year End Close||0.3||Average Volume||76,110|
|Shares Outstanding||75,624||% Institutional||0.1|