Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
Millennium Cell Inc (NASDAQ:MCELQ)
Countertrend Down (-85) - MCELQ is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Feb 1st, 2021 at 0.0015
The intermediate-term trend has been DOWN since Apr 27th, 2021 at 0.0027
The short-term trend has been UP since May 6th, 2021 at 0.0030
Smart Scan Analysis for MCELQ
Based on our trend formula, MCELQ is rated as a -85 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||0.03||52wk High Date||2020-05-18|
|52wk Low||0.0003||52wk Low Date||2020-08-27|
|Year End Close||0.3||Average Volume||140,475|
|Shares Outstanding||75,624||% Institutional||0.1|