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Stock Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Amarin Corporation plc - American Depositary Shares, each representing one Ordinary Share (NASDAQ:AMRN)

Countertrend Down (-85) - AMRN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid AMRN?

MarketClub looks at technical strength and momentum to determine if the timing is right for AMRN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_AMRN
Open High Low AMRN Price Change
0.7781 0.7781 0.7700 0.7700 -0.0081
Entry Signal

MarketClub’s Trade Triangles for AMRN

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 0.8015

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 0.8400

short term up The short-term trend has been UP since Jun 11th, 2024 at 0.7300

Smart Scan Analysis for AMRN

Based on our trend formula, AMRN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AMRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7781 0.7781 0.7700 0.7700 -0.0081
Prev. Close Volume Bid Ask Time
0.7781 106356 2024-06-17 10:19:00
Year High23.335Year High Date2018-11-06
Year Low2.35Year Low Date2018-07-31
52wk High1.48552wk High Date2023-07-18
52wk Low0.627152wk Low Date2024-06-10
Year End Close8.09Average Volume2,151,930
Shares Outstanding150Short Interest23,943,872
% Institutional57.6Market Cap5,480M
Assets790,013,000MLiabilities244,077,000M
P/E Ratio-4.92310000Beta1.25
Volatility106.64
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