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Stock Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Carisma Therapeutics, Inc. (NASDAQ:CARM)

Long-Term Downtrend (-90) - CARM is in a strong downtrend that is likely to continue. While CARM 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 CARM?

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

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

NASDAQ_CARM
Open High Low CARM Price Change
1.7600 1.7894 1.6500 1.6800 -0.0800
Entry Signal

MarketClub’s Trade Triangles for CARM

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 4.95

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2024 at 2.25

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1.83

Smart Scan Analysis for CARM

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

-90
Smart Scan Analysis for CARM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7600 1.7894 1.6500 1.6800 -0.0800
Prev. Close Volume Bid Ask Time
1.7000 185953 2024-04-16 15:59:15
52wk High9.766252wk High Date2023-07-17
52wk Low1.70552wk Low Date2024-04-15
Average Volume195,335Shares Outstanding41,543
Assets106,784,000MLiabilities60,486,000M
P/E Ratio16
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