Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
InMode Ltd. - Ordinary Shares (NASDAQ:INMD)
Countertrend Up (+85) - INMD 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 INMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for INMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INMD
The long-term trend has been UP since Jun 4th, 2020 at 34.00
The intermediate-term trend has been UP since Sep 17th, 2021 at 142.18
The short-term trend has been DOWN since Oct 22nd, 2021 at 82.22
Smart Scan Analysis for INMD
Based on our trend formula, INMD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||91||52wk High Date||2021-10-20|
|52wk Low||18.02||52wk Low Date||2020-10-30|
|Average Volume||2,720,967||Shares Outstanding||75,568|