Stock Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
MEGOLA INC (NASDAQ:MGON)
Long-Term Downtrend (-90) - MGON is in a strong downtrend that is likely to continue. While MGON 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 MGON?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGON
The long-term trend has been DOWN since May 11th, 2021 at 0.0160
The intermediate-term trend has been DOWN since Oct 25th, 2021 at 0.0113
The short-term trend has been DOWN since Oct 27th, 2021 at 0.0112
Smart Scan Analysis for MGON
Based on our trend formula, MGON is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0309||Year High Date||2018-05-23|
|Year Low||0.0008||Year Low Date||2018-01-02|
|52wk High||0.14||52wk High Date||2021-02-18|
|52wk Low||0.0008||52wk Low Date||2021-11-18|
|Year End Close||0.07||Average Volume||1,615,686|
|Shares Outstanding||879||% Institutional||13.8|