Stock Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Conformis, Inc (NASDAQ:CFMS)
Long-Term Downtrend (-90) - CFMS is in a strong downtrend that is likely to continue. While CFMS 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 CFMS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFMS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CFMS
The long-term trend has been DOWN since Aug 1st, 2019 at 2.2100
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 0.9055
The short-term trend has been DOWN since Apr 1st, 2020 at 0.6100
Smart Scan Analysis for CFMS
Based on our trend formula, CFMS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.72||Year High Date||2018-01-05|
|Year Low||0.42||Year Low Date||2018-11-20|
|52wk High||4.83||52wk High Date||2019-06-11|
|52wk Low||0.5003||52wk Low Date||2020-03-18|
|Average Volume||621,034||Shares Outstanding||71,558|