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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM)
Bear Market Rally (-75) - RYTM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYTM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYTM?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYTM.
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 RYTM
The long-term trend has been DOWN since Apr 18th, 2024 at 37.655
The intermediate-term trend has been UP since May 3rd, 2024 at 43.670
The short-term trend has been DOWN since May 7th, 2024 at 40.950
Smart Scan Analysis for RYTM
Based on our trend formula, RYTM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.250 | 38.300 | 36.580 | 36.725 | -2.625 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.350 | 89231 | 2024-05-08 09:43:16 |
| Year High | 37.23 | Year High Date | 2018-06-27 |
| Year Low | 16.8 | Year Low Date | 2018-04-02 |
| 52wk High | 52.57 | 52wk High Date | 2024-02-12 |
| 52wk Low | 15.5001 | 52wk Low Date | 2023-07-06 |
| Average Volume | 598,042 | Shares Outstanding | 60,140 |
| Market Cap | 794M | Assets | 332,745,000M |
| Liabilities | 162,986,000M | P/E Ratio | -8.75000000 |
| Volatility | 70.32 |