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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
KORU Medical Systems, Inc. (NASDAQ:KRMD)
Sidelines Mode (-50) - KRMD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until KRMD can gain momentum.
Is it time to buy, sell, or avoid KRMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRMD.
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 KRMD
The long-term trend has been UP since Apr 4th, 2024 at 2.4900
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2.0723
The short-term trend has been DOWN since May 7th, 2024 at 2.2700
Smart Scan Analysis for KRMD
Based on our trend formula, KRMD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.27 | 2.39 | 2.24 | 2.26 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.26 | 30358 | 2024-05-08 15:59:35 |
| 52wk High | 4.295 | 52wk High Date | 2023-06-14 |
| 52wk Low | 1.9783 | 52wk Low Date | 2024-02-01 |
| Average Volume | 88,042 | Shares Outstanding | 44,869 |
| Assets | 28,460,972M | Liabilities | 8,107,201M |