Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Outset Medical, Inc. (NASDAQ:OM)

Strong Downtrend (-100) - OM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OM continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid OM?

MarketClub looks at technical strength and momentum to determine if the timing is right for OM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low OM Price Change
2.05 2.11 1.92 2.04 -0.01
Entry Signal

MarketClub’s Trade Triangles for OM

long term down The long-term trend has been DOWN since Aug 3rd, 2023 at 17.20

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1.94

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 2.25

Smart Scan Analysis for OM

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

Smart Scan Analysis for OM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.05 2.11 1.92 2.04 -0.01
Prev. Close Volume Bid Ask Time
2.04 913154 2024-04-15 15:59:33
52wk High24.1352wk High Date2023-06-14
52wk Low1.9452wk Low Date2024-04-04
Average Volume1,065,963Shares Outstanding50,506
P/E Ratio-15.89550000
Get a free daily analysis and signals for Outset Medical, Inc. (OM) - Request Your Free Report.