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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Rockwell Medical, Inc. (NASDAQ:RMTI)
Crossroads (+60) - RMTI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RMTI?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMTI.
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 RMTI
The long-term trend has been DOWN since Aug 16th, 2023 at 2.1800
The intermediate-term trend has been UP since May 3rd, 2024 at 1.6767
The short-term trend has been UP since May 1st, 2024 at 1.5240
Smart Scan Analysis for RMTI
Based on our trend formula, RMTI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.63 | 1.66 | 1.59 | 1.59 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.60 | 35910 | 2024-05-08 15:59:24 |
| Year High | 6.92 | Year High Date | 2018-03-15 |
| Year Low | 3.2881 | Year Low Date | 2018-11-29 |
| 52wk High | 6.24 | 52wk High Date | 2023-07-11 |
| 52wk Low | 1.16 | 52wk Low Date | 2024-02-05 |
| Year End Close | 8.05 | Average Volume | 107,744 |
| Shares Outstanding | 29,335 | Short Interest | 1,756,849 |
| % Institutional | 31.8 | Market Cap | 190M |
| Assets | 52,173,000M | Liabilities | 30,882,000M |
| P/E Ratio | -0.52470000 | Beta | 0.79 |
| Volatility | 89.3 |