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Stock Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

MMEX RESOURCES CORP (NASDAQ:MMEX)

Bear Market Rally (-75) - MMEX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MMEX as it may be in the beginning of a reversal.

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

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

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

NASDAQ_MMEX
Open High Low MMEX Price Change
0.0002 0.0002 0.0001 0.0002 +0.0001
Entry Signal

MarketClub’s Trade Triangles for MMEX

long term down The long-term trend has been DOWN since Jun 28th, 2021 at 6.0000

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2024 at 0.0001

short term down The short-term trend has been DOWN since May 23rd, 2024 at 0.0001

Smart Scan Analysis for MMEX

Based on our trend formula, MMEX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for MMEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0002 0.0002 0.0001 0.0002 +0.0001
Prev. Close Volume Bid Ask Time
0.0001 5310129 2024-05-29 10:57:59
Year High0.0084Year High Date2018-01-03
Year Low0.0011Year Low Date2018-09-18
52wk High0.000652wk High Date2023-06-23
52wk Low0.00000152wk Low Date2024-04-18
Average Volume39,224,637Shares Outstanding8,021,863
Assets1,053,507MLiabilities4,606,968M
Volatility159.59
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