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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

MEI Pharma, Inc. (NASDAQ:MEIP)

Sidelines Mode (-55) - MEIP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MEIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MEIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MEIP
Open High Low MEIP Price Change
3.9200 3.9856 3.8113 3.9856 +0.0656
Entry Signal

MarketClub’s Trade Triangles for MEIP

long term down The long-term trend has been DOWN since Jan 16th, 2024 at 5.4800

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2024 at 4.2900

short term up The short-term trend has been UP since Mar 25th, 2024 at 3.8398

Smart Scan Analysis for MEIP

Based on our trend formula, MEIP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MEIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9200 3.9856 3.8113 3.9856 +0.0656
Prev. Close Volume Bid Ask Time
3.9200 6165 2024-03-28 12:50:03
Year High5.14Year High Date2018-06-06
Year Low1.89Year Low Date2018-04-09
52wk High7.9752wk High Date2023-05-23
52wk Low3.460152wk Low Date2024-03-08
Year End Close7.0002Average Volume27,425
Shares Outstanding6,663Short Interest189,321
% Institutional42.7Market Cap136M
Assets78,538,000MLiabilities19,050,000M
P/E Ratio1.3199Beta1.27
Volatility65.55
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