Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Molecular Data Inc. - ADS (NASDAQ:MKD)
Crossroads (+60) - MKD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MKD
The long-term trend has been DOWN since May 6th, 2021 at 0.796100
The intermediate-term trend has been UP since Oct 13th, 2021 at 0.417500
The short-term trend has been UP since Oct 26th, 2021 at 0.373899
Smart Scan Analysis for MKD
Based on our trend formula, MKD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.23||52wk High Date||2021-02-16|
|52wk Low||0.2714||52wk Low Date||2021-09-27|
|Average Volume||21,315,170||Shares Outstanding||11,500|