Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Ardelyx, Inc. (NASDAQ:ARDX)
Long-Term Uptrend (+90) - ARDX is in a strong uptrend that is likely to continue. While ARDX 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 ARDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARDX
The long-term trend has been UP since Aug 15th, 2022 at 0.94
The intermediate-term trend has been UP since Mar 3rd, 2023 at 3.42
The short-term trend has been UP since Mar 21st, 2023 at 4.15
Smart Scan Analysis for ARDX
Based on our trend formula, ARDX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.1||Year High Date||2018-01-23|
|Year Low||2.53||Year Low Date||2018-11-14|
|52wk High||4.22||52wk High Date||2023-03-21|
|52wk Low||0.4902||52wk Low Date||2022-06-16|
|Average Volume||10,680,791||Shares Outstanding||206,493|