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Stock Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Avid Bioservices, Inc. (NASDAQ:CDMO)

Long-Term Downtrend (-90) - CDMO is in a strong downtrend that is likely to continue. While CDMO 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 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
9.4800 9.5400 9.1800 9.4507 -0.0493
Entry Signal

MarketClub’s Trade Triangles for CDMO

long term down The long-term trend has been DOWN since Jun 22nd, 2023 at 13.48

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2023 at 18.12

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 10.10

Smart Scan Analysis for CDMO

Based on our trend formula, CDMO is rated as a -90 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
9.4800 9.5400 9.1800 9.4507 -0.0493
Prev. Close Volume Bid Ask Time
9.5000 125950 2023-09-22 12:48:40
Year High8.44Year High Date2018-09-11
Year Low2.24Year Low Date2018-02-15
52wk High21.0552wk High Date2023-04-13
52wk Low9.2852wk Low Date2023-09-21
Average Volume678,088Shares Outstanding63,113
Market Cap296MAssets442,337,000M
Liabilities251,739,000MP/E Ratio1162
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