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Stock Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Avid Bioservices, Inc. (NASDAQ:CDMO)

Sidelines Mode (-55) - CDMO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low CDMO Price Change
7.560 7.840 7.150 7.195 -0.345
Entry Signal

MarketClub’s Trade Triangles for CDMO

long term up The long-term trend has been UP since Feb 14th, 2024 at 7.55

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 7.96

short term up The short-term trend has been UP since Jun 21st, 2024 at 7.55

Smart Scan Analysis for CDMO

Based on our trend formula, CDMO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CDMO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.560 7.840 7.150 7.195 -0.345
Prev. Close Volume Bid Ask Time
7.540 546907 2024-06-24 15:59:26
Year High8.44Year High Date2018-09-11
Year Low2.24Year Low Date2018-02-15
52wk High14.3352wk High Date2023-06-30
52wk Low4.070552wk Low Date2023-12-08
Average Volume985,333Shares Outstanding63,480
Market Cap296MAssets455,227,000M
Liabilities275,057,000MP/E Ratio1162
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