Stock Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
PDL BioPharma, Inc (NASDAQ:PDLI)
Countertrend Down (-85) - PDLI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid PDLI?
MarketClub looks at technical strength and momentum to determine if the timing is right for PDLI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PDLI
The long-term trend has been DOWN since Oct 2nd, 2020 at 2.6800
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 3.1900
The short-term trend has been UP since Oct 23rd, 2020 at 2.2576
Smart Scan Analysis for PDLI
Based on our trend formula, PDLI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.16||Year High Date||2018-03-09|
|Year Low||2.25||Year Low Date||2018-09-17|
|52wk High||3.78||52wk High Date||2020-08-19|
|52wk Low||1.710096||52wk Low Date||2019-10-03|
|Year End Close||7.04||Average Volume||1,052,582|
|Shares Outstanding||113,982||Short Interest||20,206,004|
|% Institutional||99.9||Market Cap||268M|