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Stock Trend Analysis Report

Prepared for you on Saturday, August 13, 2022.

Mind Medicine (MindMed) Inc. - Common Shares (NASDAQ:MNMD)

Sidelines Mode (-55) - MNMD 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 MNMD?

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

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

NASDAQ_MNMD
Open High Low MNMD Price Change
0.6816 0.7380 0.6470 0.7270 +0.0767
Entry Signal

MarketClub’s Trade Triangles for MNMD

long term down The long-term trend has been DOWN since Apr 30th, 2021 at 4.0700

intermediate term down The intermediate-term trend has been DOWN since Aug 5th, 2022 at 0.6251

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.6500

Smart Scan Analysis for MNMD

Based on our trend formula, MNMD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MNMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6816 0.7380 0.6470 0.7270 +0.0767
Prev. Close Volume Bid Ask Time
0.7256 4669044 2022-08-12 15:59:56
52wk High3.1852wk High Date2021-08-13
52wk Low0.530152wk Low Date2022-08-08
Average Volume2,216,525Shares Outstanding422,445
Assets149,234,000MLiabilities12,429,000M
P/E Ratio-4.19890000
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