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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.

NASDAQ_CDMO
Open High Low CDMO Price Change
12.31 12.32 12.11 12.26 -0.05
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 Dec 11th, 2024 at 12.12

short term down 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).

-50
Smart Scan Analysis for CDMO
Strong Downtrend Sideways 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 High8.44Year High Date2018-09-11
Year Low2.24Year Low Date2018-02-15
52wk High12.4852wk High Date2024-09-19
52wk Low4.6652wk Low Date2023-12-13
Average Volume2,175,919Shares Outstanding63,795
Market Cap296MAssets334,642,000M
Liabilities276,006,000MP/E Ratio1162
Volatility44.76
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