Stock Trend Analysis Report
Prepared for you on Thursday, January 21, 2021.
America Bio Medica (NASDAQ:ABMC)
Sidelines Mode (+55) - ABMC 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 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 0.231
The intermediate-term trend has been UP since Jan 6th, 2021 at 0.135
The short-term trend has been DOWN since Jan 15th, 2021 at 0.171
Smart Scan Analysis for ABMC
Based on our trend formula, ABMC is rated as a +55 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||1.26||52wk High Date||2020-06-25|
|52wk Low||0.055||52wk Low Date||2020-02-11|
|Year End Close||0.13||Average Volume||296,263|
|Shares Outstanding||35,953||Short Interest||5,135|