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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
CorMedix Inc. (NASDAQ:CRMD)
Long-Term Uptrend (+90) - CRMD is in a strong uptrend that is likely to continue. While CRMD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CRMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRMD.
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 CRMD
The long-term trend has been UP since Mar 14th, 2024 at 4.025
The intermediate-term trend has been UP since Mar 13th, 2024 at 3.780
The short-term trend has been UP since May 1st, 2024 at 5.390
Smart Scan Analysis for CRMD
Based on our trend formula, CRMD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.820 | 5.970 | 5.620 | 5.705 | -0.135 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.705 | 785109 | 2024-05-08 15:59:35 |
| 52wk High | 7 | 52wk High Date | 2024-04-12 |
| 52wk Low | 2.57 | 52wk Low Date | 2023-11-15 |
| Average Volume | 964,474 | Shares Outstanding | 54,981 |
| Assets | 82,059,957M | Liabilities | 11,917,528M |