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Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Nemaura Medical Inc. (NASDAQ:NMRD)
Long-Term Downtrend (-90) - NMRD is in a strong downtrend that is likely to continue. While NMRD 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 NMRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NMRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NMRD
The long-term trend has been DOWN since Aug 22nd, 2023 at 0.4800
The intermediate-term trend has been DOWN since Aug 7th, 2023 at 0.8292
The short-term trend has been DOWN since Sep 21st, 2023 at 0.3841
Smart Scan Analysis for NMRD
Based on our trend formula, NMRD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.33000 | 0.33000 | 0.32011 | 0.32011 | +0.00511 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.31500 | 5658 | 2023-10-02 09:40:40 |
| Year High | 6.8 | Year High Date | 2018-02-02 |
| Year Low | 1.5691 | Year Low Date | 2018-11-15 |
| 52wk High | 3.43 | 52wk High Date | 2023-01-26 |
| 52wk Low | 0.3 | 52wk Low Date | 2023-09-29 |
| Average Volume | 322,939 | Shares Outstanding | 28,899 |
| Market Cap | 168M | Assets | 8,450,033M |
| Liabilities | 22,827,797M | Volatility | 62.22 |