Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

Major Drilling Group Intl (TSE:MDI)

Sidelines Mode (+55) - MDI 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 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
8.90 8.93 8.70 8.75 -0.07
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 down The intermediate-term trend has been DOWN since Nov 30th, 2021 at 8.90

short term up The short-term trend has been UP since Dec 7th, 2021 at 8.96

Smart Scan Analysis for MDI

Based on our trend formula, MDI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MDI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.90 8.93 8.70 8.75 -0.07
Prev. Close Volume Bid Ask Time
8.78 37966 2021-12-08 15:59:55
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
Get a free daily analysis and signals for Major Drilling Group Intl (MDI) - Request Your Free Report.