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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Long-Term Downtrend (-90) - AMRN is in a strong downtrend that is likely to continue. While AMRN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.4728 0.5198 0.4601 0.4913 +0.0263
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 Nov 11th, 2024 at 0.5550

short term down The short-term trend has been DOWN since Nov 7th, 2024 at 0.5800

Smart Scan Analysis for AMRN

Based on our trend formula, AMRN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AMRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4728 0.5198 0.4601 0.4913 +0.0263
Prev. Close Volume Bid Ask Time
0.4907 1974511 2024-11-19 15:59:34
Year High23.335Year High Date2018-11-06
Year Low2.35Year Low Date2018-07-31
52wk High1.3752wk High Date2024-01-30
52wk Low0.456552wk Low Date2024-11-18
Year End Close8.09Average Volume1,278,454
Shares Outstanding150Short Interest23,943,872
% Institutional57.6Market Cap5,480M
Assets750,615,000MLiabilities219,240,000M
P/E Ratio-4.92310000Beta1.25
Volatility106.64
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