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Stock Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

Merida Merger Corp. I (NASDAQ:MCMJ)

Crossroads (-60) - MCMJ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MCMJ Price Change
10.000 10.030 9.995 10.025 +0.005
Entry Signal

MarketClub’s Trade Triangles for MCMJ

long term up The long-term trend has been UP since Oct 15th, 2021 at 10.0000

intermediate term down The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 10.0301

short term down The short-term trend has been DOWN since Nov 16th, 2021 at 10.2600

Smart Scan Analysis for MCMJ

Based on our trend formula, MCMJ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MCMJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.000 10.030 9.995 10.025 +0.005
Prev. Close Volume Bid Ask Time
10.020 265712 2021-12-03 15:59:46
52wk High11.267852wk High Date2021-11-01
52wk Low9.7552wk Low Date2021-03-31
Average Volume798,492Shares Outstanding14,982
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