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Stock Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Psychemedics Corporation (NASDAQ:PMD)

Strong Downtrend (-100) - PMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PMD continues to fall. Traders should use caution and set stops.

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.

NASDAQ_PMD
Open High Low PMD Price Change
2.78 2.77 2.46 2.66 -0.06
Entry Signal

MarketClub’s Trade Triangles for PMD

long term down The long-term trend has been DOWN since Dec 4th, 2024 at 11325

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 11600

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 11650

Smart Scan Analysis for PMD

Based on our trend formula, PMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for PMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.78 2.77 2.46 2.66 -0.06
Prev. Close Volume Bid Ask Time
2.67 107074 2024-12-12 15:59:30
Year High22.88Year High Date2018-01-11
Year Low16.1101Year Low Date2018-10-24
52wk High3.2552wk High Date2024-12-06
52wk Low0.00032652wk Low Date2024-08-08
Year End Close10.75Average Volume124,461,536
Shares Outstanding29,470,000Short Interest6,126
% Institutional52.5Market Cap45M
Assets9,835,000MLiabilities4,389,000M
P/E Ratio-4.60780000Beta0.88
Volatility34.28
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