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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Olema Pharmaceuticals, Inc. (NASDAQ:OLMA)

Sidelines Mode (-55) - OLMA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_OLMA
Open High Low OLMA Price Change
10.960 11.020 10.585 10.855 -0.385
Entry Signal

MarketClub’s Trade Triangles for OLMA

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 10.82

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 13.02

short term up The short-term trend has been UP since May 1st, 2024 at 10.32

Smart Scan Analysis for OLMA

Based on our trend formula, OLMA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for OLMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.960 11.020 10.585 10.855 -0.385
Prev. Close Volume Bid Ask Time
11.240 513340 2024-05-08 15:59:44
52wk High17.791152wk High Date2023-11-08
52wk Low5.0252wk Low Date2023-05-30
Average Volume682,666Shares Outstanding55,915
Assets276,945,000MLiabilities23,050,000M
P/E Ratio-1.57500000
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