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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.

NASDAQ_MLCT
Open High Low MLCT Price Change
0.245 0.245 0.240 0.240 +0.020
Entry Signal

MarketClub’s Trade Triangles for MLCT

long term down The long-term trend has been DOWN since Oct 27th, 2021 at 0.270

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2022 at 0.165

short term down 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).

+55
Smart Scan Analysis for MLCT
Strong Downtrend Sideways 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 High0.8552wk High Date2021-09-03
52wk Low0.12152wk Low Date2022-04-06
Average Volume22,449Shares Outstanding51,450
Assets50,919MLiabilities432,560M
P/E Ratio-16.77500000
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