Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Avid Bioservices, Inc. (NASDAQ:CDMO)
Strong Uptrend (+100) - CDMO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CDMO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
MarketClub’s Trade Triangles for CDMO
The long-term trend has been UP since Oct 26th, 2021 at 28.345
The intermediate-term trend has been UP since Oct 8th, 2021 at 22.430
The short-term trend has been UP since Oct 7th, 2021 at 21.540
Smart Scan Analysis for CDMO
Based on our trend formula, CDMO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.44||Year High Date||2018-09-11|
|Year Low||2.24||Year Low Date||2018-02-15|
|52wk High||28.36||52wk High Date||2021-08-10|
|52wk Low||6.99||52wk Low Date||2020-11-02|
|Average Volume||510,690||Shares Outstanding||61,098|