Stock Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
MMEX RESOURCES CORP (NASDAQ:MMEX)
Strong Downtrend (-100) - MMEX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MMEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMEX
The long-term trend has been DOWN since May 27th, 2021 at 0.0009
The intermediate-term trend has been DOWN since Oct 25th, 2021 at 0.5000
The short-term trend has been DOWN since Nov 24th, 2021 at 0.4618
Smart Scan Analysis for MMEX
Based on our trend formula, MMEX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0084||Year High Date||2018-01-03|
|Year Low||0.0011||Year Low Date||2018-09-18|
|52wk High||249||52wk High Date||2021-02-11|
|52wk Low||0.43||52wk Low Date||2021-11-09|
|Average Volume||28,857||Shares Outstanding||18,926|