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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Bright Minds Biosciences Inc. (NASDAQ:DRUG)

Countertrend Down (-85) - DRUG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid DRUG?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRUG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low DRUG Price Change
1.12 1.23 1.11 1.12 0.00
Entry Signal

MarketClub’s Trade Triangles for DRUG

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 1.31

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 1.83

short term up The short-term trend has been UP since Apr 22nd, 2024 at 1.22

Smart Scan Analysis for DRUG

Based on our trend formula, DRUG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for DRUG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.12 1.23 1.11 1.12 0.00
Prev. Close Volume Bid Ask Time
1.12 18085 2024-04-22 15:59:51
52wk High6.4452wk High Date2023-08-08
52wk Low1.0952wk Low Date2024-03-26
Average Volume21,856Shares Outstanding2,367
P/E Ratio-0.83540000
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