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Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
MERA PHARMACEUTICALS INC (NASDAQ:MRPI)
Long-Term Downtrend (-90) - MRPI is in a strong downtrend that is likely to continue. While MRPI 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 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.
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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 May 17th, 2022 at 0.0003
The short-term trend has been DOWN since Aug 17th, 2022 at 0.0002
Smart Scan Analysis for MRPI
Based on our trend formula, MRPI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0001 | 250 | 2023-05-23 09:30:05 |
| Year High | 0.0014 | Year High Date | 2018-01-02 |
| Year Low | 0.0003 | Year Low Date | 2018-01-08 |
| 52wk High | 0.0002 | 52wk High Date | 2022-08-17 |
| 52wk Low | 0.0001 | 52wk Low Date | 2023-05-23 |
| Year End Close | 0.0006 | Average Volume | 56,937 |
| Shares Outstanding | 557,300 | % Institutional | 0.1 |
| Liabilities | 0.8M | Beta | 1.35 |
| Volatility | 202.07 |