Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
LumiraDx Limited - Warrant (NASDAQ:LMDXW)
Long-Term Downtrend (-90) - LMDXW is in a strong downtrend that is likely to continue. While LMDXW 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 LMDXW?
MarketClub looks at technical strength and momentum to determine if the timing is right for LMDXW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LMDXW
The long-term trend has been DOWN since Oct 26th, 2023 at 0.0116
The intermediate-term trend has been DOWN since Oct 26th, 2023 at 0.0116
The short-term trend has been DOWN since Nov 16th, 2023 at 0.0129
Smart Scan Analysis for LMDXW
Based on our trend formula, LMDXW is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2138||52wk High Date||2022-12-13|
|52wk Low||0.0076||52wk Low Date||2023-11-30|