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Stock Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Merrimack Pharmaceuticals, Inc (NASDAQ:MACK)

Strong Downtrend (-100) - MACK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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NASDAQ_MACK
Open High Low MACK Price Change
6.3200 6.4000 6.1700 6.2365 -0.2035
Entry Signal

MarketClub’s Trade Triangles for MACK

long term down The long-term trend has been DOWN since Apr 12th, 2021 at 6.020

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2021 at 6.310

short term down The short-term trend has been DOWN since Apr 27th, 2021 at 7.405

Smart Scan Analysis for MACK

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

-100
Smart Scan Analysis for MACK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.3200 6.4000 6.1700 6.2365 -0.2035
Prev. Close Volume Bid Ask Time
6.4400 17277 2021-05-12 13:19:08
Year High11.7Year High Date2018-03-09
Year Low3.3401Year Low Date2018-10-19
52wk High9.4552wk High Date2021-02-11
52wk Low3.060152wk Low Date2020-06-12
Year End Close6.09Average Volume47,824
Shares Outstanding13,410Short Interest3,605,567
% Institutional47.8Market Cap80M
Assets16,441,000MLiabilities684,000M
P/E Ratio71.6667Volatility94.47
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