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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Amneal Pharmaceuticals, Inc. (NASDAQ:AMRX)

Long-Term Uptrend (+90) - AMRX is in a strong uptrend that is likely to continue. While AMRX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

Open High Low AMRX Price Change
6.530 6.900 6.525 6.775 +0.325
Entry Signal

MarketClub’s Trade Triangles for AMRX

long term up The long-term trend has been UP since Mar 19th, 2024 at 6.3000

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 6.3295

short term up The short-term trend has been UP since May 28th, 2024 at 6.7000

Smart Scan Analysis for AMRX

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

Smart Scan Analysis for AMRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.530 6.900 6.525 6.775 +0.325
Prev. Close Volume Bid Ask Time
6.450 1228467 2024-05-28 13:27:21
52wk High6.9852wk High Date2024-05-15
52wk Low2.2252wk Low Date2023-05-26
Average Volume1,409,724Shares Outstanding460,768
P/E Ratio110.8333
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