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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

MGC PHARMA LTD ORD (NASDAQ:MGCLF)

Long-Term Downtrend (-90) - MGCLF is in a strong downtrend that is likely to continue. While MGCLF 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 MGCLF?

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

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

NASDAQ_MGCLF
Open High Low MGCLF Price Change
0.0012 0.0012 0.0012 0.0012 -0.0010
Entry Signal

MarketClub’s Trade Triangles for MGCLF

long term down The long-term trend has been DOWN since Apr 5th, 2022 at 0.0150

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2023 at 0.0014

short term down The short-term trend has been DOWN since Sep 27th, 2023 at 0.0014

Smart Scan Analysis for MGCLF

Based on our trend formula, MGCLF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MGCLF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0012 0.0012 0.0012 0.0012 -0.0010
Prev. Close Volume Bid Ask Time
0.0015 175000 2023-09-27 09:33:00
Year High0.175Year High Date2018-01-24
Year Low0.02Year Low Date2018-11-15
52wk High0.013552wk High Date2022-12-30
52wk Low0.001252wk Low Date2023-09-27
Average Volume404,703Assets24,235,644M
Liabilities10,401,097MVolatility329.85
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