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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.
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MarketClub’s Trade Triangles for MDI
The long-term trend has been UP since Jul 2nd, 2020 at 4.48
The intermediate-term trend has been UP since Jun 22nd, 2020 at 3.87
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).
| 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 High | 7.89 | Year High Date | 2018-06-05 |
| Year Low | 4.17 | Year Low Date | 2018-11-14 |
| 52wk High | 7.89 | 52wk High Date | 2018-06-05 |
| 52wk Low | 4.17 | 52wk Low Date | 2018-11-14 |
| Year End Close | 9.8 | Average Volume | 52,866 |
| Volatility | 51.35 |