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Stock Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

Melkior Resources Inc. (NASDAQ:MKRIF)

Long-Term Downtrend (-90) - MKRIF is in a strong downtrend that is likely to continue. While MKRIF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NASDAQ_MKRIF
Open High Low MKRIF Price Change
0.337600 0.337600 0.329695 0.336400 -0.017000
Entry Signal

MarketClub’s Trade Triangles for MKRIF

long term down The long-term trend has been DOWN since Jan 13th, 2021 at 0.659300

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2021 at 0.350000

short term down The short-term trend has been DOWN since May 4th, 2021 at 0.471845

Smart Scan Analysis for MKRIF

Based on our trend formula, MKRIF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MKRIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.337600 0.337600 0.329695 0.336400 -0.017000
Prev. Close Volume Bid Ask Time
0.336000 7333 2021-05-13 13:32:00
Year High0.0825Year High Date2018-05-29
Year Low0.0282Year Low Date2018-05-09
52wk High152wk High Date2020-09-29
52wk Low0.318652wk Low Date2021-04-14
Average Volume5,038Shares Outstanding7,653
Assets12,376,253MLiabilities281,731M
Volatility231.99
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