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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

ARCA biopharma, Inc. (NASDAQ:ABIO)

Sidelines Mode (+55) - ABIO 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 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.

NASDAQ_ABIO
Open High Low ABIO Price Change
1.7200 1.7474 1.6900 1.7474 +0.0374
Entry Signal

MarketClub’s Trade Triangles for ABIO

long term down The long-term trend has been DOWN since Mar 24th, 2023 at 2.01

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2024 at 1.71

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 1.71

Smart Scan Analysis for ABIO

Based on our trend formula, ABIO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ABIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7200 1.7474 1.6900 1.7474 +0.0374
Prev. Close Volume Bid Ask Time
1.7500 6848 2024-03-27 15:36:44
Year High1.95Year High Date2018-01-29
Year Low0.45Year Low Date2018-02-26
52wk High2.1652wk High Date2023-06-16
52wk Low1.5652wk Low Date2024-01-19
Year End Close0.38Average Volume27,879
Shares Outstanding14,501Short Interest547,510
% Institutional30.9Market Cap9M
Assets37,861,000MLiabilities841,000M
Beta2.69Volatility116.33
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