Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
Nates Food Co (NASDAQ:NHMD)
Long-Term Downtrend (-90) - NHMD is in a strong downtrend that is likely to continue. While NHMD 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 NHMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NHMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NHMD
The long-term trend has been DOWN since May 3rd, 2022 at 0.0020
The intermediate-term trend has been DOWN since May 19th, 2023 at 0.0001
The short-term trend has been DOWN since May 19th, 2023 at 0.0001
Smart Scan Analysis for NHMD
Based on our trend formula, NHMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.004||Year High Date||2018-03-21|
|Year Low||0.0006||Year Low Date||2018-02-05|
|52wk High||0.0028||52wk High Date||2022-07-05|
|52wk Low||0.000001||52wk Low Date||2023-05-19|
|Average Volume||21,972,325||Shares Outstanding||593,025|