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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

MMEX RESOURCES CORP (NASDAQ:MMEX)

Weak Downtrend (-65) - MMEX is showing signs of a strengthening downtrend. Monitor MMEX as it may be building momentum to the downside.

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
0.0460 0.0479 0.0460 0.0479 -0.0021
Entry Signal

MarketClub’s Trade Triangles for MMEX

long term down The long-term trend has been DOWN since May 27th, 2021 at 0.0009

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 0.0660

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 0.0460

Smart Scan Analysis for MMEX

Based on our trend formula, MMEX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MMEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0460 0.0479 0.0460 0.0479 -0.0021
Prev. Close Volume Bid Ask Time
0.0500 250761 2022-08-19 15:04:15
Year High0.0084Year High Date2018-01-03
Year Low0.0011Year Low Date2018-09-18
52wk High0.89952wk High Date2021-09-02
52wk Low0.0452wk Low Date2022-07-20
Average Volume129,106Shares Outstanding42,908
Assets1,298,397MLiabilities3,064,248M
Volatility159.59
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