Stock Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
MENE INC ORD (NASDAQ:MENEF)
Strong Downtrend (-100) - MENEF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MENEF continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MENEF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MENEF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MENEF
The long-term trend has been DOWN since Nov 9th, 2021 at 0.56425
The intermediate-term trend has been DOWN since Aug 5th, 2022 at 0.39060
The short-term trend has been DOWN since Aug 11th, 2022 at 0.39030
Smart Scan Analysis for MENEF
Based on our trend formula, MENEF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.672||Year High Date||2018-11-06|
|Year Low||0.06||Year Low Date||2018-01-25|
|52wk High||0.8248||52wk High Date||2021-09-27|
|52wk Low||0.3078||52wk Low Date||2022-06-29|
|Average Volume||21,446||Shares Outstanding||242,458|