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Stock Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

Merida Merger Corp. I (NASDAQ:MCMJ)

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

Is it time to buy, sell, or avoid MCMJ?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCMJ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MCMJ
Open High Low MCMJ Price Change
9.99 9.99 9.97 9.97 -0.02
Entry Signal

MarketClub’s Trade Triangles for MCMJ

long term down The long-term trend has been DOWN since Jan 11th, 2022 at 9.94

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2022 at 9.94

short term up The short-term trend has been UP since Jan 12th, 2022 at 10.03

Smart Scan Analysis for MCMJ

Based on our trend formula, MCMJ is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MCMJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.99 9.99 9.97 9.97 -0.02
Prev. Close Volume Bid Ask Time
9.97 240100 2022-01-14 15:59:30
52wk High11.267852wk High Date2021-11-01
52wk Low8.121452wk Low Date2022-01-11
Average Volume294,448Shares Outstanding14,982
Assets130,537,440MLiabilities7,910,694M
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