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Stock Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

WESTERN MAGNESIUM CORP (NASDAQ:MLYF)

Weak Downtrend (-65) - MLYF is showing signs of a strengthening downtrend. Monitor MLYF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MLYF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MLYF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MLYF
Open High Low MLYF Price Change
0.474000 0.500300 0.448500 0.460000 -0.040333
Entry Signal

MarketClub’s Trade Triangles for MLYF

long term up The long-term trend has been UP since Jan 21st, 2021 at 0.1072

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 0.5000

short term down The short-term trend has been DOWN since Nov 11th, 2021 at 0.5539

Smart Scan Analysis for MLYF

Based on our trend formula, MLYF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MLYF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.474000 0.500300 0.448500 0.460000 -0.040333
Prev. Close Volume Bid Ask Time
0.460000 181025 2021-11-26 12:49:05
52wk High0.762552wk High Date2021-08-09
52wk Low0.076952wk Low Date2020-12-16
Average Volume289,897Shares Outstanding111,243
Assets3,032,097MLiabilities5,342,555M
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