Stock Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
ABIOMED, Inc (NASDAQ:ABMD)
Crossroads (-60) - ABMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ABMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABMD
The long-term trend has been UP since May 22nd, 2020 at 199.26
The intermediate-term trend has been DOWN since Feb 11th, 2021 at 321.01
The short-term trend has been DOWN since Mar 3rd, 2021 at 314.43
Smart Scan Analysis for ABMD
Based on our trend formula, ABMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||459.75||Year High Date||2018-10-01|
|Year Low||188.05||Year Low Date||2018-01-02|
|52wk High||387.4||52wk High Date||2021-01-28|
|52wk Low||119.0101||52wk Low Date||2020-03-23|
|Year End Close||13.44||Average Volume||306,421|
|Shares Outstanding||45,231||Short Interest||7,995,462|
|% Institutional||98.2||Market Cap||8,670M|