Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
MERA PHARMACEUTICALS INC (NASDAQ:MRPI)
Countertrend Down (-85) - MRPI 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 MRPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRPI
The long-term trend has been DOWN since Jul 23rd, 2021 at 0.0101
The intermediate-term trend has been DOWN since Jul 9th, 2021 at 0.0136
The short-term trend has been UP since Oct 15th, 2021 at 0.0005
Smart Scan Analysis for MRPI
Based on our trend formula, MRPI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0014||Year High Date||2018-01-02|
|Year Low||0.0003||Year Low Date||2018-01-08|
|52wk High||0.045||52wk High Date||2021-03-19|
|52wk Low||0.0001||52wk Low Date||2021-09-29|
|Year End Close||0.0006||Average Volume||120,800|
|Shares Outstanding||557,300||% Institutional||0.1|