Stock Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
CorMedix, Inc (AMEX:CRMD)
Bull Market Weakness (+75) - CRMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CRMD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CRMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRMD
The long-term trend has been DOWN since Sep 4th, 2020 at 3.90
The intermediate-term trend has been UP since Sep 21st, 2020 at 5.09
The short-term trend has been UP since Sep 8th, 2020 at 4.46
Smart Scan Analysis for CRMD
Based on our trend formula, CRMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.4||Year High Date||2018-10-15|
|Year Low||0.1721||Year Low Date||2018-05-22|
|52wk High||8.64||52wk High Date||2019-09-20|
|52wk Low||2.16||52wk Low Date||2020-03-19|
|Year End Close||0.7202||Average Volume||497,677|
|Shares Outstanding||31,239||Short Interest||34,206|
|% Institutional||10.9||Market Cap||187M|