Stock Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
MADISON TECHNOLOGIES INC (NASDAQ:MDEX)
Strong Downtrend (-100) - MDEX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MDEX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MDEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MDEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MDEX
The long-term trend has been DOWN since Aug 16th, 2022 at 0.0670
The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 0.0063
The short-term trend has been DOWN since Mar 13th, 2023 at 0.0080
Smart Scan Analysis for MDEX
Based on our trend formula, MDEX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.2||Year High Date||2018-05-11|
|Year Low||0.1||Year Low Date||2018-05-29|
|52wk High||0.218||52wk High Date||2022-05-09|
|52wk Low||0.0002||52wk Low Date||2022-09-07|
|Year End Close||0.022||Average Volume||38,060|
|Shares Outstanding||1,599,095||% Institutional||0.1|