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Stock Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

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

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

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
8.26 8.52 8.11 8.17 -0.05
Entry Signal

MarketClub’s Trade Triangles for MNMD

long term up The long-term trend has been UP since Jan 5th, 2024 at 3.9500

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 8.9732

short term down The short-term trend has been DOWN since May 7th, 2024 at 9.2100

Smart Scan Analysis for MNMD

Based on our trend formula, MNMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MNMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.26 8.52 8.11 8.17 -0.05
Prev. Close Volume Bid Ask Time
8.22 695694 2024-05-20 14:03:20
52wk High12.2252wk High Date2024-04-04
52wk Low2.4152wk Low Date2023-11-13
Average Volume1,137,411Shares Outstanding41,334
Assets275,533,000MLiabilities79,474,000M
P/E Ratio-4.42360000
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