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Stock Trend Analysis Report
Prepared for you on Tuesday, November 19, 2024.
Melcor Developments Ltd (TSE:MRD)
Strong Uptrend (+100) - MRD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MRD 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 MRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MRD
The long-term trend has been UP since Feb 1st, 2024 at 11.90
The intermediate-term trend has been UP since Nov 19th, 2024 at 13.31
The short-term trend has been UP since Nov 19th, 2024 at 13.31
Smart Scan Analysis for MRD
Based on our trend formula, MRD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.29 | 13.35 | 13.25 | 13.35 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.29 | 10452 | 2024-11-19 15:59:29 |
| Year High | 15.95 | Year High Date | 2018-05-18 |
| Year Low | 12.61 | Year Low Date | 2018-11-29 |
| 52wk High | 15.95 | 52wk High Date | 2018-05-18 |
| 52wk Low | 12.61 | 52wk Low Date | 2018-11-29 |
| Year End Close | 15.75 | Average Volume | 6,493 |
| Volatility | 25.88 |