Stock Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
MEDIPHARM LABS CORPORATION COMMON SHARES (NASDAQ:MEDIF)
Long-Term Downtrend (-90) - MEDIF is in a strong downtrend that is likely to continue. While MEDIF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MEDIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEDIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEDIF
The long-term trend has been DOWN since Sep 30th, 2019 at 3.1000
The intermediate-term trend has been DOWN since May 13th, 2020 at 1.2200
The short-term trend has been DOWN since Jul 30th, 2020 at 0.8045
Smart Scan Analysis for MEDIF
Based on our trend formula, MEDIF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.51||52wk High Date||2019-08-09|
|52wk Low||0.8551||52wk Low Date||2020-03-16|
|Average Volume||401,212||Shares Outstanding||96,867|