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Stock Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

MARIMED INC (NASDAQ:MRMD)

Bear Market Rally (-75) - MRMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MRMD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MRMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MRMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MRMD
Open High Low MRMD Price Change
0.1669 0.1700 0.1616 0.1675 +0.0055
Entry Signal

MarketClub’s Trade Triangles for MRMD

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 0.2615

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2024 at 0.2500

short term up The short-term trend has been UP since Jun 28th, 2024 at 0.2050

Smart Scan Analysis for MRMD

Based on our trend formula, MRMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1669 0.1700 0.1616 0.1675 +0.0055
Prev. Close Volume Bid Ask Time
0.1620 315950 2024-07-12 15:41:59
Year High5.8Year High Date2018-10-08
Year Low0.517Year Low Date2018-01-04
52wk High0.54552wk High Date2023-09-15
52wk Low0.15552wk Low Date2024-07-11
Average Volume385,166Shares Outstanding379,644
Assets201,332,000MLiabilities111,821,000M
P/E Ratio20.41Volatility94.64
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