Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
UNIVERSAL MEDIA GROUP INC (NASDAQ:UMGP)
Sidelines Mode (+55) - UMGP 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 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 UP since Jul 20th, 2021 at 0.290000
The intermediate-term trend has been UP since Sep 22nd, 2021 at 3.450000
The short-term trend has been DOWN since Oct 18th, 2021 at 1.473225
Smart Scan Analysis for UMGP
Based on our trend formula, UMGP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.54||Year High Date||2018-01-03|
|Year Low||0.0103||Year Low Date||2018-04-23|
|52wk High||3.67||52wk High Date||2021-09-22|
|52wk Low||0.1101||52wk Low Date||2021-06-22|