Stock Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
CorMedix Inc. (NASDAQ:CRMD)
Long-Term Downtrend (-90) - CRMD is in a strong downtrend that is likely to continue. While CRMD 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 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 Mar 1st, 2021 at 12.50
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 13.01
The short-term trend has been DOWN since Feb 23rd, 2021 at 14.54
Smart Scan Analysis for CRMD
Based on our trend formula, CRMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.8||52wk High Date||2021-02-19|
|52wk Low||2.16||52wk Low Date||2020-03-19|
|Average Volume||2,184,923||Shares Outstanding||32,132|