Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

SMARTKEM INC (NASDAQ:SMTK)

Bull Market Weakness (+75) - SMTK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMTK as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_SMTK
Open High Low SMTK Price Change
9.993 9.993 9.990 9.990 +0.040
Entry Signal

MarketClub’s Trade Triangles for SMTK

long term up The long-term trend has been UP since Jan 2nd, 2024 at 5.75

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 9.84

short term up The short-term trend has been UP since May 2nd, 2024 at 9.00

Smart Scan Analysis for SMTK

Based on our trend formula, SMTK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SMTK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.993 9.993 9.990 9.990 +0.040
Prev. Close Volume Bid Ask Time
9.950 600 2024-05-09 10:21:53
52wk High1952wk High Date2024-03-28
52wk Low1.552wk Low Date2023-09-21
Average Volume5,508Shares Outstanding1,355
Assets11,272,000MLiabilities3,159,000M
P/E Ratio-0.46250000
Get a free daily analysis and signals for SMARTKEM INC (SMTK) - Request Your Free Report.