Stock Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
InMed Pharmaceuticals Inc. (NASDAQ:INM)
Countertrend Up (+85) - INM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jan 6th, 2021 at 3.89
The intermediate-term trend has been UP since Dec 28th, 2020 at 3.44
The short-term trend has been DOWN since Feb 9th, 2021 at 4.30
Smart Scan Analysis for INM
Based on our trend formula, INM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.428||52wk High Date||2020-06-04|
|52wk Low||2.95||52wk Low Date||2020-12-17|
|Average Volume||447,584||Shares Outstanding||7,001|