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Stock Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
MALACHITE INNOVATIONS INC (NASDAQ:MLCT)
Sidelines Mode (+55) - MLCT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MLCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MLCT
The long-term trend has been DOWN since Oct 27th, 2021 at 0.270
The intermediate-term trend has been UP since Apr 11th, 2022 at 0.165
The short-term trend has been DOWN since May 17th, 2022 at 0.165
Smart Scan Analysis for MLCT
Based on our trend formula, MLCT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.245 | 0.245 | 0.240 | 0.240 | +0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.240 | 8950 | 2022-05-20 15:54:37 |
| 52wk High | 0.85 | 52wk High Date | 2021-09-03 |
| 52wk Low | 0.121 | 52wk Low Date | 2022-04-06 |
| Average Volume | 22,449 | Shares Outstanding | 51,450 |
| Assets | 50,919M | Liabilities | 432,560M |
| P/E Ratio | -16.77500000 |