Stock Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
Avid Bioservices, Inc (NASDAQ:CDMO)
Countertrend Up (+85) - CDMO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 5th, 2020 at 6.810
The intermediate-term trend has been UP since Apr 5th, 2021 at 19.240
The short-term trend has been DOWN since Apr 16th, 2021 at 18.805
Smart Scan Analysis for CDMO
Based on our trend formula, CDMO is rated as a +85 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||22.13||52wk High Date||2021-03-03|
|52wk Low||4.08||52wk Low Date||2020-04-16|
|Average Volume||608,936||Shares Outstanding||60,829|