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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Microbix Biosystems Inc (TSE:MBX)

Long-Term Downtrend (-90) - MBX is in a strong downtrend that is likely to continue. While MBX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MBX?

MarketClub looks at technical strength and momentum to determine if the timing is right for MBX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_MBX
Open High Low MBX Price Change
0.335 0.335 0.330 0.330 -0.005
Entry Signal

MarketClub’s Trade Triangles for MBX

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 0.365

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2024 at 0.345

short term down The short-term trend has been DOWN since Oct 8th, 2024 at 0.340

Smart Scan Analysis for MBX

Based on our trend formula, MBX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.335 0.335 0.330 0.330 -0.005
Prev. Close Volume Bid Ask Time
0.330 5500 2024-10-21 15:36:25
Year High0.34Year High Date2018-05-02
Year Low0.18Year Low Date2018-11-13
52wk High0.3452wk High Date2017-11-30
52wk Low0.1852wk Low Date2018-11-13
Year End Close0.255Average Volume40,780
Volatility67.47
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