Stock Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
Micromem Tech Inc (NASDAQ:MMTIF)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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.
MarketClub’s Trade Triangles for MMTIF
The long term trend has been UP since Jan 2nd, 2019 at 0.0551
The intermediate term trend has been UP since Mar 4th, 2019 at 0.0390
The short term trend has been DOWN since Mar 15th, 2019 at 0.0500
Smart Scan Analysis for MMTIF
Based on a pre-defined weighted trend formula for chart analysis, MMTIF scored +85 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||0.2189||52wk High Date||2018-02-28|
|52wk Low||0.0214||52wk Low Date||2018-11-26|
|Year End Close||0.19||Average Volume||239,744|