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Stock Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Melinta Therapeutics, Inc (NASDAQ:MLNT)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_MLNT
Open High Low MLNT Price Change
0.44 0.46 0.31 0.44 -0.06
Entry Signal

MarketClub’s Trade Triangles for MLNT

long term down The long term trend has been DOWN since Nov 7th, 2019 at 2.1700

intermediate term down The intermediate term trend has been DOWN since Oct 25th, 2019 at 3.2800

short term down The short term trend has been DOWN since Jan 8th, 2020 at 0.5075

Smart Scan Analysis for MLNT

Based on a pre-defined weighted trend formula for chart analysis, MLNT scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for MLNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44 0.46 0.31 0.44 -0.06
Prev. Close Volume Bid Ask Time
0.50 1106359 2020-01-13 15:59:31
Year High17.25Year High Date2018-01-08
Year Low2.23Year Low Date2018-11-29
52wk High10.152wk High Date2019-02-07
52wk Low0.390552wk Low Date2019-12-27
Average Volume745,184Shares Outstanding13,751
Market Cap40MAssets228,491,000M
Liabilities289,022,000MP/E Ratio-0.1
Volatility119.08
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