Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
ReShape Lifesciences, Inc. (NASDAQ:RSLS)
Sidelines Mode (-55) - RSLS 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 RSLS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSLS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RSLS
The long-term trend has been DOWN since Apr 26th, 2023 at 2.490
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.161
The short-term trend has been UP since May 2nd, 2024 at 0.174
Smart Scan Analysis for RSLS
Based on our trend formula, RSLS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1710 | 0.1769 | 0.1701 | 0.1741 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1750 | 234856 | 2024-05-08 15:53:40 |
| Year High | 3756.9 | Year High Date | 2018-01-25 |
| Year Low | 0.8 | Year Low Date | 2018-11-28 |
| 52wk High | 2.76 | 52wk High Date | 2023-05-22 |
| 52wk Low | 0.1414 | 52wk Low Date | 2024-02-14 |
| Average Volume | 183,422 | Shares Outstanding | 23,457 |
| Assets | 10,663,000M | Liabilities | 4,000,000M |
| P/E Ratio | -0.03110000 | Volatility | 210.44 |