Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX)
Bear Market Rally (-75) - AMLX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AMLX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AMLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMLX
The long-term trend has been DOWN since Feb 14th, 2023 at 32.69
The intermediate-term trend has been DOWN since Mar 22nd, 2023 at 29.40
The short-term trend has been UP since Mar 27th, 2023 at 30.74
Smart Scan Analysis for AMLX
Based on our trend formula, AMLX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||41.9297||52wk High Date||2023-01-30|
|52wk Low||6.51||52wk Low Date||2022-05-12|
|Average Volume||1,148,992||Shares Outstanding||66,716|