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Stock Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
MEGOLA INC (NASDAQ:MGON)
Sidelines Mode (+50) - MGON is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MGON can gain momentum.
Is it time to buy, sell, or avoid MGON?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGON
The long-term trend has been DOWN since Jul 19th, 2022 at 0.00340
The intermediate-term trend has been UP since Jul 25th, 2022 at 0.00470
The short-term trend has been UP since Aug 5th, 2022 at 0.00455
Smart Scan Analysis for MGON
Based on our trend formula, MGON is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0047 | 0.0047 | 0.0047 | 0.0047 | +0.0002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0047 | 11002 | 2022-08-05 13:00:41 |
| Year High | 0.0309 | Year High Date | 2018-05-23 |
| Year Low | 0.0008 | Year Low Date | 2018-01-02 |
| 52wk High | 0.0298 | 52wk High Date | 2021-08-25 |
| 52wk Low | 0.0008 | 52wk Low Date | 2021-11-18 |
| Year End Close | 0.07 | Average Volume | 174,689 |
| Shares Outstanding | 879 | % Institutional | 13.8 |
| Assets | 0.2M | Liabilities | 0.4M |
| Beta | 0.2 | Volatility | 282.21 |