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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Psyence Biomedical Ltd. (NASDAQ:PBM)
Countertrend Up (+85) - PBM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid PBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for PBM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PBM
The long-term trend has been UP since Mar 8th, 2024 at 2.3399
The intermediate-term trend has been UP since Apr 29th, 2024 at 1.0200
The short-term trend has been DOWN since May 7th, 2024 at 1.0600
Smart Scan Analysis for PBM
Based on our trend formula, PBM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.040000 | 1.077200 | 0.970101 | 1.040000 | +0.010000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.030000 | 136660 | 2024-05-08 15:57:35 |
| 52wk High | 4.31 | 52wk High Date | 2024-03-08 |
| 52wk Low | 0.5135 | 52wk Low Date | 2024-02-22 |
| Average Volume | 569,909 | Shares Outstanding | 13,441 |