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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

InMed Pharmaceuticals Inc. - Common Shares (NASDAQ:INM)

Long-Term Downtrend (-90) - INM is in a strong downtrend that is likely to continue. While INM 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 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.

NASDAQ_INM
Open High Low INM Price Change
0.289000 0.296000 0.270000 0.289896 +0.016896
Entry Signal

MarketClub’s Trade Triangles for INM

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 0.3100

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 0.3308

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.3149

Smart Scan Analysis for INM

Based on our trend formula, INM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.289000 0.296000 0.270000 0.289896 +0.016896
Prev. Close Volume Bid Ask Time
0.273000 201067 2024-04-24 12:54:31
52wk High2.0852wk High Date2023-10-24
52wk Low0.26552wk Low Date2024-04-22
Average Volume570,073Shares Outstanding6,057
Assets15,255,464MLiabilities2,483,253M
P/E Ratio-0.28850000
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