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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for MNMD
The long-term trend has been UP since Jan 5th, 2024 at 3.95
The intermediate-term trend has been UP since Jul 15th, 2024 at 7.69
The short-term trend has been UP since Jul 23rd, 2024 at 8.90
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.610 | 9.830 | 9.360 | 9.415 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.420 | 681784 | 2024-07-26 15:59:45 |
| 52wk High | 12.22 | 52wk High Date | 2024-04-04 |
| 52wk Low | 2.41 | 52wk Low Date | 2023-11-13 |
| Average Volume | 1,501,165 | Shares Outstanding | 71,872 |
| Assets | 275,533,000M | Liabilities | 79,474,000M |
| P/E Ratio | -4.42360000 |