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Stock Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Avid Bioservices, Inc. (NASDAQ:CDMO)
Sidelines Mode (-50) - CDMO is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CDMO can gain momentum.
Is it time to buy, sell, or avoid CDMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CDMO
The long-term trend has been UP since Feb 14th, 2024 at 7.55
The intermediate-term trend has been DOWN since Dec 11th, 2024 at 12.12
The short-term trend has been DOWN since Dec 3rd, 2024 at 12.27
Smart Scan Analysis for CDMO
Based on our trend formula, CDMO is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.31 | 12.32 | 12.11 | 12.26 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.31 | 1742945 | 2024-12-11 15:53:27 |
| Year High | 8.44 | Year High Date | 2018-09-11 |
| Year Low | 2.24 | Year Low Date | 2018-02-15 |
| 52wk High | 12.48 | 52wk High Date | 2024-09-19 |
| 52wk Low | 4.66 | 52wk Low Date | 2023-12-13 |
| Average Volume | 2,175,919 | Shares Outstanding | 63,795 |
| Market Cap | 296M | Assets | 334,642,000M |
| Liabilities | 276,006,000M | P/E Ratio | 1162 |
| Volatility | 44.76 |