Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Amylyx Pharmaceuticals, Inc. (NASDAQ:AMLX)
Sidelines Mode (+55) - AMLX 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 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 32.6900
The intermediate-term trend has been UP since Dec 4th, 2023 at 14.3700
The short-term trend has been DOWN since Dec 7th, 2023 at 14.2464
Smart Scan Analysis for AMLX
Based on our trend formula, AMLX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||41.9297||52wk High Date||2023-01-30|
|52wk Low||11.82||52wk Low Date||2023-11-16|
|Average Volume||2,109,491||Shares Outstanding||67,518|