Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
AMER BIO MEDICA CORP (NASDAQ:ABMC)
Long-Term Downtrend (-90) - ABMC is in a strong downtrend that is likely to continue. While ABMC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ABMC
The long-term trend has been DOWN since Sep 4th, 2020 at 0.2310
The intermediate-term trend has been DOWN since Oct 8th, 2021 at 0.0349
The short-term trend has been DOWN since Oct 1st, 2021 at 0.0411
Smart Scan Analysis for ABMC
Based on our trend formula, ABMC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.2||Year High Date||2018-01-16|
|Year Low||0.062||Year Low Date||2018-04-04|
|52wk High||0.29||52wk High Date||2021-01-11|
|52wk Low||0.0316||52wk Low Date||2021-08-18|
|Year End Close||0.13||Average Volume||163,406|
|Shares Outstanding||43,803||Short Interest||5,135|