
Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
WESTERN MAGNESIUM CORP (NASDAQ:MLYF)
Strong Downtrend (-100) - MLYF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MLYF continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MLYF
The long-term trend has been DOWN since Jan 3rd, 2022 at 0.35
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.07
The short-term trend has been DOWN since Mar 15th, 2023 at 0.07
Smart Scan Analysis for MLYF
Based on our trend formula, MLYF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
0.07250 | 0.07495 | 0.07000 | 0.07250 | -0.00450 |
Prev. Close | Volume | Bid | Ask | Time |
0.07700 | 168800 | 2023-03-20 15:12:54 |
52wk High | 0.39355 | 52wk High Date | 2022-03-29 |
52wk Low | 0.0634 | 52wk Low Date | 2023-02-03 |
Average Volume | 105,204 | Shares Outstanding | 111,243 |
Assets | 6,075,503M | Liabilities | 8,945,621M |