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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

OneMedNet Corp - Class A (NASDAQ:ONMD)

Long-Term Downtrend (-90) - ONMD is in a strong downtrend that is likely to continue. While ONMD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_ONMD
Open High Low ONMD Price Change
0.5900 0.5900 0.5321 0.5725 +0.0125
Entry Signal

MarketClub’s Trade Triangles for ONMD

long term down The long-term trend has been DOWN since Nov 13th, 2023 at 4.1100

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.6800

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.5623

Smart Scan Analysis for ONMD

Based on our trend formula, ONMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ONMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5900 0.5900 0.5321 0.5725 +0.0125
Prev. Close Volume Bid Ask Time
0.5600 15471 2024-05-09 11:32:05
52wk High13.5152wk High Date2023-10-25
52wk Low0.4252wk Low Date2024-01-19
Average Volume110,432Shares Outstanding3,317
Assets463,057MLiabilities13,322,663M
P/E Ratio19.8333
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