Stock Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
MAJIC WHEELS CORP (NASDAQ:MJWL)
Bear Market Rally (-75) - MJWL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MJWL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MJWL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJWL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJWL
The long-term trend has been DOWN since Dec 14th, 2021 at 0.0710
The intermediate-term trend has been UP since Jun 13th, 2022 at 0.0125
The short-term trend has been DOWN since Jun 22nd, 2022 at 0.0100
Smart Scan Analysis for MJWL
Based on our trend formula, MJWL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0006||Year High Date||2018-02-26|
|Year Low||0.000001||Year Low Date||2018-02-08|
|52wk High||0.265||52wk High Date||2021-07-06|
|52wk Low||0.0003||52wk Low Date||2022-05-16|
|Average Volume||999,608||Shares Outstanding||651,992|