Stock Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
Ovid Therapeutics Inc. (NASDAQ:OVID)
Long-Term Uptrend (+90) - OVID is in a strong uptrend that is likely to continue. While OVID is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OVID?
MarketClub looks at technical strength and momentum to determine if the timing is right for OVID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OVID
The long-term trend has been UP since Jan 3rd, 2023 at 1.92
The intermediate-term trend has been UP since Mar 23rd, 2023 at 2.53
The short-term trend has been UP since May 30th, 2023 at 3.55
Smart Scan Analysis for OVID
Based on our trend formula, OVID is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.45||Year High Date||2018-07-16|
|Year Low||3.52||Year Low Date||2018-11-28|
|52wk High||3.8893||52wk High Date||2023-06-05|
|52wk Low||1.405||52wk Low Date||2022-11-08|
|Average Volume||128,867||Shares Outstanding||70,521|