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Stock Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Merida Merger Corp. I (NASDAQ:MCMJ)

Crossroads (-60) - MCMJ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open High Low MCMJ Price Change
10.23 10.33 10.05 10.11 -0.16
Entry Signal

MarketClub’s Trade Triangles for MCMJ

long term up The long-term trend has been UP since Jan 3rd, 2020 at 9.75

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.18

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 10.15

Smart Scan Analysis for MCMJ

Based on our trend formula, MCMJ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MCMJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.23 10.33 10.05 10.11 -0.16
Prev. Close Volume Bid Ask Time
10.12 159794 2021-03-02 15:59:32
52wk High11.2452wk High Date2021-02-10
52wk Low8.5652wk Low Date2020-03-18
Average Volume153,132Shares Outstanding16,372
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