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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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

Countertrend Down (-85) - MNMD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
3.12 3.21 3.02 3.05 -0.08
Entry Signal

MarketClub’s Trade Triangles for MNMD

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 3.110

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 3.751

short term up The short-term trend has been UP since Sep 27th, 2023 at 3.770

Smart Scan Analysis for MNMD

Based on our trend formula, MNMD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MNMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.12 3.21 3.02 3.05 -0.08
Prev. Close Volume Bid Ask Time
3.06 428216 2023-10-02 15:59:50
52wk High5.0152wk High Date2023-07-18
52wk Low2.1252wk Low Date2022-12-29
Average Volume449,339Shares Outstanding39,717
Assets155,529,000MLiabilities25,185,000M
P/E Ratio-4.42360000
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