Stock Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
MyMD Pharmaceuticals, Inc. (NASDAQ:MYMD)
Bear Market Rally (-75) - MYMD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MYMD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MYMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MYMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MYMD
The long-term trend has been DOWN since Jul 5th, 2023 at 1.4000
The intermediate-term trend has been DOWN since Aug 25th, 2023 at 1.0200
The short-term trend has been UP since Sep 22nd, 2023 at 0.5839
Smart Scan Analysis for MYMD
Based on our trend formula, MYMD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.3||52wk High Date||2022-10-04|
|52wk Low||0.45||52wk Low Date||2023-09-20|
|Average Volume||628,241||Shares Outstanding||44,930|