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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Primech Holdings Ltd. (NASDAQ:PMEC)
Crossroads (+60) - PMEC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PMEC?
MarketClub looks at technical strength and momentum to determine if the timing is right for PMEC.
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 PMEC
The long-term trend has been DOWN since Mar 28th, 2024 at 1.52000
The intermediate-term trend has been UP since May 6th, 2024 at 0.76999
The short-term trend has been UP since Apr 25th, 2024 at 0.66460
Smart Scan Analysis for PMEC
Based on our trend formula, PMEC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7580 | 0.7697 | 0.7400 | 0.7505 | +0.0145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7360 | 95786 | 2024-05-08 11:38:40 |
| 52wk High | 4.18 | 52wk High Date | 2023-11-15 |
| 52wk Low | 0.5173 | 52wk Low Date | 2024-04-16 |
| Average Volume | 226,327 | Shares Outstanding | 35,550 |