Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Merida Merger Corp. I - Warrant (NASDAQ:MCMJW)
Weak Downtrend (-65) - MCMJW is showing signs of a strengthening downtrend. Monitor MCMJW as it may be building momentum to the downside.
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 Nov 18th, 2020 at 0.8000
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1.5500
The short-term trend has been DOWN since Feb 25th, 2021 at 1.7119
Smart Scan Analysis for MCMJW
Based on our trend formula, MCMJW is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.05||52wk High Date||2021-02-10|
|52wk Low||0.25||52wk Low Date||2020-06-12|