Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
UNIVERSAL MEDIA GROUP INC (NASDAQ:UMGP)
Long-Term Downtrend (-90) - UMGP is in a strong downtrend that is likely to continue. While UMGP 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 UMGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for UMGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for UMGP
The long-term trend has been DOWN since Aug 15th, 2024 at 0.0999
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 0.0660
The short-term trend has been DOWN since Nov 15th, 2024 at 0.0299
Smart Scan Analysis for UMGP
Based on our trend formula, UMGP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02300 | 0.02315 | 0.02300 | 0.02315 | +0.00005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02500 | 21650 | 2024-11-19 11:18:45 |
| Year High | 0.54 | Year High Date | 2018-01-03 |
| Year Low | 0.0103 | Year Low Date | 2018-04-23 |
| 52wk High | 0.448975 | 52wk High Date | 2023-11-22 |
| 52wk Low | 0.0203 | 52wk Low Date | 2024-10-31 |
| Average Volume | 116,535 | Assets | 2,041,918M |
| Liabilities | 2,880,114M | Volatility | 1666.88 |