Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Mmex Resources Corp (NASDAQ:MMEX)
Sidelines Mode (-55) - MMEX 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 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.
MarketClub’s Trade Triangles for MMEX
The long-term trend has been UP since Dec 23rd, 2020 at 0.0002
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 0.0016
The short-term trend has been UP since Mar 8th, 2021 at 0.0023
Smart Scan Analysis for MMEX
Based on our trend formula, MMEX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0084||Year High Date||2018-01-03|
|Year Low||0.0011||Year Low Date||2018-09-18|
|52wk High||0.0249||52wk High Date||2021-02-11|
|52wk Low||0.000001||52wk Low Date||2020-11-25|
|Average Volume||1,730,245,513||Shares Outstanding||14,974,987|