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.
MarketClub’s Trade Triangles for MNMD
The long-term trend has been DOWN since Apr 30th, 2021 at 4.0700
The intermediate-term trend has been DOWN since Aug 5th, 2022 at 0.6251
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).
|52wk High||3.18||52wk High Date||2021-08-13|
|52wk Low||0.5301||52wk Low Date||2022-08-08|
|Average Volume||2,216,525||Shares Outstanding||422,445|