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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

MyMD Pharmaceuticals, Inc. (NASDAQ:MYMD)

Long-Term Downtrend (-90) - MYMD is in a strong downtrend that is likely to continue. While MYMD 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 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.

NASDAQ_MYMD
Open High Low MYMD Price Change
2.02 2.02 1.97 2.00 0.00
Entry Signal

MarketClub’s Trade Triangles for MYMD

long term down The long-term trend has been DOWN since Jul 5th, 2023 at 1.40

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 2.07

short term down The short-term trend has been DOWN since May 21st, 2024 at 2.12

Smart Scan Analysis for MYMD

Based on our trend formula, MYMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MYMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.02 2.02 1.97 2.00 0.00
Prev. Close Volume Bid Ask Time
2.00 13289 2024-05-23 14:04:05
52wk High66.652wk High Date2023-05-25
52wk Low1.9952wk Low Date2024-05-22
Average Volume54,628Shares Outstanding2,308
Assets21,825,536MLiabilities5,716,261M
P/E Ratio-0.60560000
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