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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

InMed Pharmaceuticals Inc. - Common Shares (NASDAQ:INM)

Bear Market Rally (-75) - INM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INM as it may be in the beginning of a reversal.

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

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

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

NASDAQ_INM
Open High Low INM Price Change
0.2774 0.2782 0.2700 0.2780 +0.0101
Entry Signal

MarketClub’s Trade Triangles for INM

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 0.310000

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 0.330800

short term up The short-term trend has been UP since Apr 30th, 2024 at 0.265501

Smart Scan Analysis for INM

Based on our trend formula, INM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for INM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2774 0.2782 0.2700 0.2780 +0.0101
Prev. Close Volume Bid Ask Time
0.2773 31943 2024-05-08 13:40:40
52wk High2.0852wk High Date2023-10-24
52wk Low0.22750352wk Low Date2024-04-26
Average Volume506,055Shares Outstanding6,057
Assets15,255,464MLiabilities2,483,253M
P/E Ratio-0.28850000
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