Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Long-Term Uptrend (+90) - MNMD is in a strong uptrend that is likely to continue. While MNMD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
6.790 7.380 6.700 7.185 +0.345
Entry Signal

MarketClub’s Trade Triangles for MNMD

long term up The long-term trend has been UP since Nov 11th, 2024 at 9.24

intermediate term up The intermediate-term trend has been UP since Oct 16th, 2024 at 6.11

short term up The short-term trend has been UP since Nov 15th, 2024 at 8.76

Smart Scan Analysis for MNMD

Based on our trend formula, MNMD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MNMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.790 7.380 6.700 7.185 +0.345
Prev. Close Volume Bid Ask Time
7.200 1457050 2024-11-19 15:59:31
52wk High12.2252wk High Date2024-04-04
52wk Low2.5452wk Low Date2023-11-20
Average Volume1,715,334Shares Outstanding73,332
Assets319,769,000MLiabilities57,576,000M
P/E Ratio-4.42360000
Get a free daily analysis and signals for Mind Medicine (MindMed) Inc. - Common Shares (MNMD) - Request Your Free Report.