Stock Trend Analysis Report
Prepared for you on Saturday, January 23, 2021.
RA MEDICAL SYSTEMS INC (AMEX:RMED)
Sidelines Mode (-55) - RMED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RMED?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMED
The long-term trend has been DOWN since Dec 28th, 2020 at 6.98
The intermediate-term trend has been DOWN since Dec 28th, 2020 at 6.98
The short-term trend has been UP since Jan 13th, 2021 at 6.89
Smart Scan Analysis for RMED
Based on our trend formula, RMED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).