Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Farmmi, INC. - Ordinary Shares (NASDAQ:FAMI)
Strong Downtrend (-100) - FAMI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FAMI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FAMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FAMI
The long-term trend has been DOWN since Aug 14th, 2023 at 0.4037
The intermediate-term trend has been DOWN since Aug 11th, 2023 at 0.4075
The short-term trend has been DOWN since Sep 21st, 2023 at 0.2600
Smart Scan Analysis for FAMI
Based on our trend formula, FAMI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.3234||Year High Date||2018-05-25|
|Year Low||2.68||Year Low Date||2018-08-07|
|52wk High||1.145||52wk High Date||2023-02-09|
|52wk Low||0.2561||52wk Low Date||2023-09-15|
|Average Volume||264,374||Shares Outstanding||821|