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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Treace Medical Concepts, Inc. (NASDAQ:TMCI)
Long-Term Downtrend (-90) - TMCI is in a strong downtrend that is likely to continue. While TMCI 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 TMCI?
MarketClub looks at technical strength and momentum to determine if the timing is right for TMCI.
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 TMCI
The long-term trend has been DOWN since Apr 18th, 2024 at 11.09
The intermediate-term trend has been DOWN since Feb 28th, 2024 at 13.57
The short-term trend has been DOWN since May 8th, 2024 at 10.82
Smart Scan Analysis for TMCI
Based on our trend formula, TMCI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.17 | 4.34 | 3.93 | 4.29 | +0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.17 | 1267629 | 2024-05-09 11:00:16 |
| 52wk High | 27.7 | 52wk High Date | 2023-05-23 |
| 52wk Low | 3.92 | 52wk Low Date | 2024-05-08 |
| Average Volume | 1,178,338 | Shares Outstanding | 62,008 |
| Assets | 242,726,000M | Liabilities | 116,335,000M |