Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Merida Merger Corp. I - Warrant (NASDAQ:MCMJW)
Crossroads (-60) - MCMJW 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 MCMJW?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCMJW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCMJW
The long-term trend has been UP since Aug 9th, 2021 at 1.2700
The intermediate-term trend has been DOWN since Oct 11th, 2021 at 1.1021
The short-term trend has been DOWN since Oct 20th, 2021 at 1.0903
Smart Scan Analysis for MCMJW
Based on our trend formula, MCMJW is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.05||52wk High Date||2021-02-10|
|52wk Low||0.4||52wk Low Date||2020-11-09|