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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
INRAD OPTICS INC (NASDAQ:INRD)
Countertrend Down (-85) - INRD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid INRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INRD.
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 INRD
The long-term trend has been DOWN since Apr 10th, 2024 at 1.020
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 1.260
The short-term trend has been UP since May 1st, 2024 at 1.062
Smart Scan Analysis for INRD
Based on our trend formula, INRD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.080 | 1.080 | 1.075 | 1.075 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.075 | 20500 | 2024-05-07 14:08:22 |
| Year High | 1.34 | Year High Date | 2018-01-11 |
| Year Low | 0.61 | Year Low Date | 2018-02-13 |
| 52wk High | 1.65 | 52wk High Date | 2023-05-12 |
| 52wk Low | 0.45 | 52wk Low Date | 2023-08-08 |
| Year End Close | 0.26 | Average Volume | 104,414 |
| Shares Outstanding | 14,201 | % Institutional | 69.4 |
| Assets | 11,707,676M | Liabilities | 5,159,606M |
| P/E Ratio | 6.7188 | Beta | 0.37 |
| Volatility | 79.29 |