Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
ARCA Biopharma, Inc (NASDAQ:ABIO)
Long-Term Uptrend (+90) - ABIO is in a strong uptrend that is likely to continue. While ABIO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ABIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABIO
The long-term trend has been UP since May 28th, 2020 at 5.940
The intermediate-term trend has been UP since Apr 6th, 2020 at 2.901
The short-term trend has been UP since May 28th, 2020 at 3.980
Smart Scan Analysis for ABIO
Based on our trend formula, ABIO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.95||Year High Date||2018-01-29|
|Year Low||0.45||Year Low Date||2018-02-26|
|52wk High||20.4499||52wk High Date||2019-05-02|
|52wk Low||2.21||52wk Low Date||2020-03-19|
|Year End Close||0.38||Average Volume||18,727|
|Shares Outstanding||1,594||Short Interest||547,510|
|% Institutional||30.9||Market Cap||9M|