Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
CorMedix Inc. (NASDAQ:CRMD)
Strong Downtrend (-100) - CRMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CRMD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CRMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CRMD
The long-term trend has been DOWN since Jul 5th, 2023 at 3.660
The intermediate-term trend has been DOWN since Aug 31st, 2023 at 3.970
The short-term trend has been DOWN since Sep 18th, 2023 at 3.825
Smart Scan Analysis for CRMD
Based on our trend formula, CRMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.09||52wk High Date||2023-06-22|
|52wk Low||2.71||52wk Low Date||2022-11-04|
|Average Volume||512,032||Shares Outstanding||54,805|