Stock Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
ABIOMED, Inc (NASDAQ:ABMD)
Strong Downtrend (-100) - ABMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 26th, 2020 at 155.77
The intermediate-term trend has been DOWN since Feb 12th, 2020 at 171.15
The short-term trend has been DOWN since Feb 21st, 2020 at 165.17
Smart Scan Analysis for ABMD
Based on our trend formula, ABMD is rated as a -100 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||364.31||52wk High Date||2019-02-19|
|52wk Low||155.02||52wk Low Date||2019-10-10|
|Year End Close||13.44||Average Volume||892,878|
|Shares Outstanding||45,155||Short Interest||7,995,462|
|% Institutional||98.2||Market Cap||8,670M|