Stock Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
ZINC8 ENERGY SOLUTINS INC (NASDAQ:MGXRF)
Bull Market Weakness (+75) - MGXRF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGXRF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGXRF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGXRF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGXRF
The long-term trend has been UP since Dec 4th, 2020 at 0.2140
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 0.5301
The short-term trend has been UP since Apr 6th, 2021 at 0.5200
Smart Scan Analysis for MGXRF
Based on our trend formula, MGXRF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.2||52wk High Date||2021-01-27|
|52wk Low||0.11||52wk Low Date||2020-06-11|