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Stock Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
AMER BIO MEDICA CORP (NASDAQ:ABMC)
Bear Market Rally (-75) - ABMC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ABMC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ABMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABMC.
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 ABMC
The long-term trend has been DOWN since Sep 30th, 2022 at 0.018100
The intermediate-term trend has been DOWN since Aug 23rd, 2023 at 0.007200
The short-term trend has been UP since Sep 21st, 2023 at 0.005712
Smart Scan Analysis for ABMC
Based on our trend formula, ABMC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0048 | 0.0060 | 0.0048 | 0.0060 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0060 | 1000 | 2023-09-22 10:35:35 |
| Year High | 0.2 | Year High Date | 2018-01-16 |
| Year Low | 0.062 | Year Low Date | 2018-04-04 |
| 52wk High | 0.0245 | 52wk High Date | 2022-09-22 |
| 52wk Low | 0.0026 | 52wk Low Date | 2023-08-24 |
| Year End Close | 0.13 | Average Volume | 59,727 |
| Shares Outstanding | 48,098 | Short Interest | 5,135 |
| % Institutional | 13.3 | Assets | 1,269,000M |
| Liabilities | 3,608,000M | Beta | 0.82 |
| Volatility | 265.66 |