Stock Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Obalon Therapeutics, Inc. (NASDAQ:OBLN)
Weak Downtrend (-65) - OBLN is showing signs of a strengthening downtrend. Monitor OBLN as it may be building momentum to the downside.
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 UP since Oct 21st, 2020 at 1.0500
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 3.9800
The short-term trend has been DOWN since Feb 23rd, 2021 at 4.1401
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||10.77||52wk High Date||2021-01-20|
|52wk Low||0.62||52wk Low Date||2020-04-06|
|Average Volume||1,296,762||Shares Outstanding||7,771|