Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
Sunshine Biopharma Inc. (NASDAQ:SBFM)
Bear Market Rally (-75) - SBFM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SBFM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SBFM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBFM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SBFM
The long-term trend has been DOWN since Aug 25th, 2023 at 0.445300
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.054500
The short-term trend has been UP since May 6th, 2024 at 0.933756
Smart Scan Analysis for SBFM
Based on our trend formula, SBFM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9060 | 0.9930 | 0.8805 | 0.9915 | +0.1515 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9897 | 14707172 | 2024-05-06 15:59:49 |
| Year High | 0.0175 | Year High Date | 2018-01-04 |
| Year Low | 0.00045 | Year Low Date | 2018-11-28 |
| 52wk High | 140 | 52wk High Date | 2023-05-11 |
| 52wk Low | 0.75 | 52wk Low Date | 2024-04-25 |
| Year End Close | 0.33 | Average Volume | 6,402,401 |
| Shares Outstanding | 25,746 | Assets | 27,346,961M |
| Liabilities | 6,139,600M | P/E Ratio | -0.32160000 |
| Beta | -0.41000000 | Volatility | 236.44 |