Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
Micromem Technologies, Inc. Ordinary Shares (Canada) (NASDAQ:MMTIF)
Long-Term Downtrend (-90) - MMTIF is in a strong downtrend that is likely to continue. While MMTIF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MMTIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMTIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMTIF
The long-term trend has been DOWN since Jun 16th, 2021 at 0.12240
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 0.06092
The short-term trend has been DOWN since Oct 15th, 2021 at 0.05004
Smart Scan Analysis for MMTIF
Based on our trend formula, MMTIF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.2802||Year High Date||2018-01-31|
|Year Low||0.0214||Year Low Date||2018-11-26|
|52wk High||0.2201||52wk High Date||2021-02-25|
|52wk Low||0.0165||52wk Low Date||2020-11-03|
|Year End Close||0.19||Average Volume||256,296|