Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Mercurity Fintech Holding Inc. - American Ordinary Shares (NASDAQ:MFH)
Long-Term Downtrend (-90) - MFH is in a strong downtrend that is likely to continue. While MFH 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 MFH?
MarketClub looks at technical strength and momentum to determine if the timing is right for MFH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MFH
The long-term trend has been DOWN since Aug 15th, 2023 at 1.30
The intermediate-term trend has been DOWN since Oct 3rd, 2023 at 1.29
The short-term trend has been DOWN since Sep 27th, 2023 at 1.51
Smart Scan Analysis for MFH
Based on our trend formula, MFH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||700||52wk High Date||2022-11-21|
|52wk Low||0.72||52wk Low Date||2023-02-28|