Stock Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
Mcig Inc (NASDAQ:MCIG)
Sidelines Mode (+55) - MCIG 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 MCIG?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCIG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCIG
The long-term trend has been UP since Jan 17th, 2020 at 0.0489
The intermediate-term trend has been UP since Jan 17th, 2020 at 0.0280
The short-term trend has been DOWN since Feb 24th, 2020 at 0.0500
Smart Scan Analysis for MCIG
Based on our trend formula, MCIG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.427||Year High Date||2018-01-02|
|Year Low||0.175||Year Low Date||2018-04-06|
|52wk High||0.21||52wk High Date||2019-01-11|
|52wk Low||0.02||52wk Low Date||2020-01-07|
|Average Volume||780,198||Shares Outstanding||488,625|