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.
MarketClub’s Trade Triangles for MCMJ
The long-term trend has been UP since Jan 3rd, 2020 at 9.75
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 10.18
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).
|52wk High||11.24||52wk High Date||2021-02-10|
|52wk Low||8.56||52wk Low Date||2020-03-18|
|Average Volume||153,132||Shares Outstanding||16,372|