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Stock Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
Psychemedics Corporation (NASDAQ:PMD)
Long-Term Downtrend (-90) - PMD is in a strong downtrend that is likely to continue. While PMD 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 PMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PMD.
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 PMD
The long-term trend has been DOWN since May 12th, 2023 at 4.9700
The intermediate-term trend has been DOWN since Jan 29th, 2024 at 3.1700
The short-term trend has been DOWN since May 1st, 2024 at 2.5301
Smart Scan Analysis for PMD
Based on our trend formula, PMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6500 | 2.6363 | 2.5400 | 2.6363 | +0.0163 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5500 | 3069 | 2024-05-02 15:36:20 |
| Year High | 22.88 | Year High Date | 2018-01-11 |
| Year Low | 16.1101 | Year Low Date | 2018-10-24 |
| 52wk High | 5.5464 | 52wk High Date | 2023-05-04 |
| 52wk Low | 2.06 | 52wk Low Date | 2023-11-21 |
| Year End Close | 10.75 | Average Volume | 5,806 |
| Shares Outstanding | 5,802 | Short Interest | 6,126 |
| % Institutional | 52.5 | Market Cap | 45M |
| Assets | 12,326,000M | Liabilities | 5,654,000M |
| P/E Ratio | 115 | Beta | 0.88 |
| Volatility | 34.28 |