Stock Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
MEDICAN ENTERPRISES INC (NASDAQ:MDCN)
Strong Downtrend (-100) - MDCN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MDCN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MDCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDCN
The long-term trend has been DOWN since Jul 13th, 2021 at 0.0005
The intermediate-term trend has been DOWN since Jul 2nd, 2021 at 0.0006
The short-term trend has been DOWN since Oct 13th, 2021 at 0.0003
Smart Scan Analysis for MDCN
Based on our trend formula, MDCN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0006||Year High Date||2018-09-06|
|Year Low||0.000001||Year Low Date||2018-01-10|
|52wk High||0.004||52wk High Date||2021-02-17|
|52wk Low||0.000001||52wk Low Date||2022-01-19|
|Average Volume||260,800,323||Shares Outstanding||134,800|