Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
CHINA MEDICINE CORP (NASDAQ:CHME)
Sidelines Mode (+55) - CHME 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 CHME?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHME
The long-term trend has been UP since Jan 27th, 2021 at 0.01900
The intermediate-term trend has been UP since Apr 27th, 2021 at 0.07000
The short-term trend has been DOWN since May 11th, 2021 at 0.07025
Smart Scan Analysis for CHME
Based on our trend formula, CHME is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.18||Year High Date||2018-01-12|
|Year Low||0.05||Year Low Date||2018-01-05|
|52wk High||0.09||52wk High Date||2021-05-07|
|52wk Low||0.0053||52wk Low Date||2021-01-08|
|Year End Close||0.03||Average Volume||84,403|
|Shares Outstanding||23,712||% Institutional||35.1|