Stock Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
Melkior Resources Inc (NASDAQ:MKRIF)
Weak Uptrend (+65) - MKRIF is showing signs of weakening momentum to the upside. Monitor MKRIF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MKRIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MKRIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MKRIF
The long-term trend has been UP since May 5th, 2020 at 0.2050
The intermediate-term trend has been UP since Apr 2nd, 2020 at 0.0831
The short-term trend has been DOWN since May 26th, 2020 at 0.5700
Smart Scan Analysis for MKRIF
Based on our trend formula, MKRIF is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0825||Year High Date||2018-05-29|
|Year Low||0.0282||Year Low Date||2018-05-09|
|52wk High||0.461||52wk High Date||2019-04-04|
|52wk Low||0.062226||52wk Low Date||2020-03-27|
|Average Volume||2,144||Shares Outstanding||7,653|