Stock Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
WESTERN MAGNESIUM CORP (NASDAQ:MLYF)
Strong Uptrend (+100) - MLYF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MLYF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MLYF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MLYF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MLYF
The long-term trend has been UP since Jan 21st, 2021 at 0.1072
The intermediate-term trend has been UP since May 17th, 2021 at 0.0977
The short-term trend has been UP since Jun 15th, 2021 at 0.2010
Smart Scan Analysis for MLYF
Based on our trend formula, MLYF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.219||52wk High Date||2021-06-09|
|52wk Low||0.0761||52wk Low Date||2020-07-27|
|Average Volume||478,090||Shares Outstanding||111,243|