Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Merida Merger Corp. I (NASDAQ:MCMJ)
Strong Uptrend (+100) - MCMJ is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MCMJ continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 15th, 2021 at 10.00
The intermediate-term trend has been UP since Aug 9th, 2021 at 9.99
The short-term trend has been UP since Sep 13th, 2021 at 9.97
Smart Scan Analysis for MCMJ
Based on our trend formula, MCMJ is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.24||52wk High Date||2021-02-10|
|52wk Low||9.7301||52wk Low Date||2020-10-15|
|Average Volume||89,486||Shares Outstanding||16,372|