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.
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 DOWN since Jan 13th, 2021 at 0.659300
The intermediate-term trend has been DOWN since May 13th, 2021 at 0.350000
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).
|Year High||0.0825||Year High Date||2018-05-29|
|Year Low||0.0282||Year Low Date||2018-05-09|
|52wk High||1||52wk High Date||2020-09-29|
|52wk Low||0.3186||52wk Low Date||2021-04-14|
|Average Volume||5,038||Shares Outstanding||7,653|