Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Pacific Mercantile Bancorp (NASDAQ:PMBC)
Bull Market Weakness (+75) - PMBC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PMBC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PMBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for PMBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PMBC
The long-term trend has been UP since Aug 11th, 2021 at 9.050
The intermediate-term trend has been UP since Sep 23rd, 2021 at 9.035
The short-term trend has been DOWN since Oct 14th, 2021 at 9.740
Smart Scan Analysis for PMBC
Based on our trend formula, PMBC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.45||Year High Date||2018-09-12|
|Year Low||7.38||Year Low Date||2018-10-23|
|52wk High||10.2||52wk High Date||2021-10-12|
|52wk Low||3.57||52wk Low Date||2020-10-15|
|Year End Close||6.29||Average Volume||60,145|
|Shares Outstanding||23,891||Short Interest||175,987|
|% Institutional||47.2||Market Cap||182M|