Stock Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Micromem Technologies, Inc. Ordinary Shares (Canada) (NASDAQ:MMTIF)
Bear Market Rally (-75) - MMTIF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MMTIF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MMTIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMTIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMTIF
The long-term trend has been DOWN since Dec 7th, 2021 at 0.0484
The intermediate-term trend has been UP since Jun 22nd, 2022 at 0.0430
The short-term trend has been DOWN since Jun 30th, 2022 at 0.0336
Smart Scan Analysis for MMTIF
Based on our trend formula, MMTIF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.2802||Year High Date||2018-01-31|
|Year Low||0.0214||Year Low Date||2018-11-26|
|52wk High||0.115||52wk High Date||2021-11-16|
|52wk Low||0.0286||52wk Low Date||2022-06-10|
|Year End Close||0.19||Average Volume||893,312|