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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.

Open High Low NMRD Price Change
0.33000 0.33000 0.32011 0.32011 +0.00511
Entry Signal

MarketClub’s Trade Triangles for NMRD

long term down The long-term trend has been DOWN since Aug 22nd, 2023 at 0.4800

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 0.8292

short term down 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).

Smart Scan Analysis for NMRD
Strong Downtrend Sideways 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 High6.8Year High Date2018-02-02
Year Low1.5691Year Low Date2018-11-15
52wk High3.4352wk High Date2023-01-26
52wk Low0.352wk Low Date2023-09-29
Average Volume322,939Shares Outstanding28,899
Market Cap168MAssets8,450,033M
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