Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
ABIOMED, Inc. (NASDAQ:ABMD)
Bull Market Weakness (+75) - ABMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ABMD as it may be in the beginning stages of a reversal.
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 Aug 5th, 2021 at 335.8900
The intermediate-term trend has been UP since Oct 18th, 2021 at 352.2432
The short-term trend has been DOWN since Oct 27th, 2021 at 346.2400
Smart Scan Analysis for ABMD
Based on our trend formula, ABMD is rated as a +75 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||242.73||52wk Low Date||2020-10-30|
|Year End Close||13.44||Average Volume||173,106|
|Shares Outstanding||45,380||Short Interest||7,995,462|
|% Institutional||98.2||Market Cap||8,670M|