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Stock Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

Nemaura Medical Inc. (NASDAQ:NMRD)

Countertrend Down (-85) - NMRD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NASDAQ_NMRD
Open High Low NMRD Price Change
0.0555 0.0610 0.0470 0.0470 -0.0100
Entry Signal

MarketClub’s Trade Triangles for NMRD

long term down The long-term trend has been DOWN since Aug 22nd, 2023 at 0.480

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.071

short term up The short-term trend has been UP since May 16th, 2024 at 0.040

Smart Scan Analysis for NMRD

Based on our trend formula, NMRD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NMRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0555 0.0610 0.0470 0.0470 -0.0100
Prev. Close Volume Bid Ask Time
0.0570 24308 2024-05-20 15:29:33
Year High6.8Year High Date2018-02-02
Year Low1.5691Year Low Date2018-11-15
52wk High1.2552wk High Date2023-07-05
52wk Low0.029252wk Low Date2024-05-06
Average Volume75,064Shares Outstanding28,899
Market Cap168MAssets5,169,075M
Liabilities22,995,686MP/E Ratio-0.15690000
Volatility62.22
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