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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MACK
The long-term trend has been DOWN since Apr 12th, 2021 at 6.020
The intermediate-term trend has been DOWN since May 10th, 2021 at 6.310
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).
|Year High||11.7||Year High Date||2018-03-09|
|Year Low||3.3401||Year Low Date||2018-10-19|
|52wk High||9.45||52wk High Date||2021-02-11|
|52wk Low||3.0601||52wk Low Date||2020-06-12|
|Year End Close||6.09||Average Volume||47,824|
|Shares Outstanding||13,410||Short Interest||3,605,567|
|% Institutional||47.8||Market Cap||80M|