Stock Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
Psychemedics Corp (NASDAQ:PMD)
Sidelines Mode (-50) - PMD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PMD can gain momentum.
Is it time to buy, sell, or avoid PMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PMD
The long-term trend has been UP since Dec 4th, 2020 at 4.8500
The intermediate-term trend has been DOWN since Mar 12th, 2021 at 6.9003
The short-term trend has been DOWN since Apr 16th, 2021 at 6.8200
Smart Scan Analysis for PMD
Based on our trend formula, PMD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.88||Year High Date||2018-01-11|
|Year Low||16.1101||Year Low Date||2018-10-24|
|52wk High||7.9||52wk High Date||2021-02-08|
|52wk Low||3.58||52wk Low Date||2020-10-29|
|Year End Close||10.75||Average Volume||26,815|
|Shares Outstanding||5,536||Short Interest||6,126|
|% Institutional||52.5||Market Cap||45M|