Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
9 Meters Biopharma, Inc. (NASDAQ:NMTR)
Long-Term Downtrend (-90) - NMTR is in a strong downtrend that is likely to continue. While NMTR 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 NMTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NMTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NMTR
The long-term trend has been DOWN since Jun 21st, 2022 at 0.3501
The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 1.9600
The short-term trend has been DOWN since May 30th, 2023 at 0.7500
Smart Scan Analysis for NMTR
Based on our trend formula, NMTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.2||52wk High Date||2022-06-09|
|52wk Low||0.575||52wk Low Date||2023-05-16|
|Average Volume||116,514||Shares Outstanding||14,460|