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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.

NASDAQ_MGON
Open High Low MGON Price Change
0.0047 0.0047 0.0047 0.0047 +0.0002
Entry Signal

MarketClub’s Trade Triangles for MGON

long term down The long-term trend has been DOWN since Jul 19th, 2022 at 0.00340

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2022 at 0.00470

short term up 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).

+50
Smart Scan Analysis for MGON
Strong Downtrend Sideways 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 High0.0309Year High Date2018-05-23
Year Low0.0008Year Low Date2018-01-02
52wk High0.029852wk High Date2021-08-25
52wk Low0.000852wk Low Date2021-11-18
Year End Close0.07Average Volume174,689
Shares Outstanding879% Institutional13.8
Assets0.2MLiabilities0.4M
Beta0.2Volatility282.21
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