Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
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.
MarketClub’s Trade Triangles for MMEX
The long-term trend has been DOWN since May 27th, 2021 at 0.0009
The intermediate-term trend has been UP since Oct 5th, 2021 at 0.7400
The short-term trend has been DOWN since Oct 13th, 2021 at 0.5700
Smart Scan Analysis for MMEX
Based on our trend formula, MMEX is rated as a -75 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||249||52wk High Date||2021-02-11|
|52wk Low||0.01||52wk Low Date||2020-11-25|
|Average Volume||84,105||Shares Outstanding||18,926|