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Stock Trend Analysis Report

Prepared for you on Wednesday, September 23, 2020.

Major Drilling Group Intl (TSE:MDI)

Bull Market Weakness (+75) - MDI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MDI as it may be in the beginning stages of a reversal.

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

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

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

TSE_MDI
Open High Low MDI Price Change
6.86 6.97 6.78 6.87 -0.05
Entry Signal

MarketClub’s Trade Triangles for MDI

long term up The long-term trend has been UP since Jul 2nd, 2020 at 4.48

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 3.87

short term down The short-term trend has been DOWN since Sep 23rd, 2020 at 6.85

Smart Scan Analysis for MDI

Based on our trend formula, MDI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MDI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.86 6.97 6.78 6.87 -0.05
Prev. Close Volume Bid Ask Time
6.80 296137 2020-09-23 12:06:56
Year High7.89Year High Date2018-06-05
Year Low4.17Year Low Date2018-11-14
52wk High7.8952wk High Date2018-06-05
52wk Low4.1752wk Low Date2018-11-14
Year End Close9.8Average Volume52,866
Volatility51.35
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