Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Olema Pharmaceuticals, Inc. (NASDAQ:OLMA)
Sidelines Mode (+55) - OLMA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OLMA?
MarketClub looks at technical strength and momentum to determine if the timing is right for OLMA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OLMA
The long-term trend has been UP since Oct 14th, 2021 at 31.08
The intermediate-term trend has been UP since Sep 30th, 2021 at 30.68
The short-term trend has been DOWN since Oct 26th, 2021 at 27.13
Smart Scan Analysis for OLMA
Based on our trend formula, OLMA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||60.27||52wk High Date||2020-12-02|
|52wk Low||19.41||52wk Low Date||2021-05-06|
|Average Volume||338,575||Shares Outstanding||39,558|