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Stock Trend Analysis Report

Prepared for you on Saturday, April 17, 2021.

WESTERN MAGNESIUM CORP (NASDAQ:MLYF)

Sidelines Mode (-55) - MLYF 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 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
0.0945 0.0965 0.0931 0.0931 -0.0032
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 Apr 12th, 2021 at 0.0936

short term up The short-term trend has been UP since Apr 13th, 2021 at 0.1098

Smart Scan Analysis for MLYF

Based on our trend formula, MLYF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MLYF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0945 0.0965 0.0931 0.0931 -0.0032
Prev. Close Volume Bid Ask Time
0.0963 81520 2021-04-16 13:06:04
52wk High0.1552wk High Date2021-01-27
52wk Low0.076152wk Low Date2020-07-27
Average Volume87,362Shares Outstanding111,243
Assets2,332,787MLiabilities3,713,943M
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