Stock Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
InMed Pharmaceuticals Inc. - Common Shares (NASDAQ:INM)
Strong Downtrend (-100) - INM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, INM continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid INM?
MarketClub looks at technical strength and momentum to determine if the timing is right for INM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INM
The long-term trend has been DOWN since Sep 23rd, 2022 at 5.8225
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 0.7880
The short-term trend has been DOWN since Sep 19th, 2023 at 0.8100
Smart Scan Analysis for INM
Based on our trend formula, INM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.76||52wk High Date||2022-10-06|
|52wk Low||0.65||52wk Low Date||2023-10-03|
|Average Volume||58,767||Shares Outstanding||3,328|