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Stock Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

INSTITUTE OF BIOMED RESH (NASDAQ:MRES)

Long-Term Downtrend (-90) - MRES is in a strong downtrend that is likely to continue. While MRES is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MRES?

MarketClub looks at technical strength and momentum to determine if the timing is right for MRES.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MRES
Open High Low MRES Price Change
0.0070 0.0078 0.0065 0.0073 -0.0003
Entry Signal

MarketClub’s Trade Triangles for MRES

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 0.00730

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 0.01090

short term down The short-term trend has been DOWN since Jun 24th, 2024 at 0.00685

Smart Scan Analysis for MRES

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

-90
Smart Scan Analysis for MRES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0070 0.0078 0.0065 0.0073 -0.0003
Prev. Close Volume Bid Ask Time
0.0076 982426 2024-06-24 13:15:59
Year High0.0017Year High Date2018-01-23
Year Low0.0005Year Low Date2018-01-02
52wk High0.02852wk High Date2023-07-19
52wk Low0.004152wk Low Date2024-05-16
Year End Close0.0002Average Volume278,895
Shares Outstanding66,281Assets684,161M
Liabilities772,073MBeta2.15
Volatility270.36
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