Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
MIDWEST ENERGY EMISSION (NASDAQ:MEEC)
Long-Term Downtrend (-90) - MEEC is in a strong downtrend that is likely to continue. While MEEC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MEEC?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEEC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEEC
The long-term trend has been DOWN since May 16th, 2023 at 0.350
The intermediate-term trend has been DOWN since May 10th, 2023 at 0.395
The short-term trend has been DOWN since May 26th, 2023 at 0.401
Smart Scan Analysis for MEEC
Based on our trend formula, MEEC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.47||Year High Date||2018-04-23|
|Year Low||0.1163||Year Low Date||2018-07-17|
|52wk High||0.5268||52wk High Date||2023-02-03|
|52wk Low||0.16||52wk Low Date||2022-05-27|
|Year End Close||0.51||Average Volume||78,084|