Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Obalon Therapeutics, Inc (NASDAQ:OBLN)
Bull Market Weakness (+75) - OBLN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OBLN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OBLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for OBLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OBLN
The long-term trend has been DOWN since Dec 8th, 2018 at 16.40
The intermediate-term trend has been UP since May 26th, 2020 at 0.94
The short-term trend has been UP since May 26th, 2020 at 0.90
Smart Scan Analysis for OBLN
Based on our trend formula, OBLN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.185||Year High Date||2018-01-11|
|Year Low||1.46||Year Low Date||2018-08-02|
|52wk High||19.2||52wk High Date||2019-05-30|
|52wk Low||0.623||52wk Low Date||2020-03-19|
|Average Volume||91,104||Shares Outstanding||7,732|