Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
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.
MarketClub’s Trade Triangles for INM
The long-term trend has been DOWN since Apr 15th, 2021 at 3.06
The intermediate-term trend has been DOWN since Jun 22nd, 2021 at 2.72
The short-term trend has been DOWN since Oct 22nd, 2021 at 1.51
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).
|52wk High||8.94||52wk High Date||2020-11-09|
|52wk Low||1.38||52wk Low Date||2021-10-15|
|Average Volume||1,084,180||Shares Outstanding||9,377|