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Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Profound Medical Corp. - common stock (NASDAQ:PROF)

Bull Market Weakness (+75) - PROF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PROF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PROF?

MarketClub looks at technical strength and momentum to determine if the timing is right for PROF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PROF
Open High Low PROF Price Change
9.0300 9.0900 8.8000 8.9998 +0.0098
Entry Signal

MarketClub’s Trade Triangles for PROF

long term down The long-term trend has been DOWN since Dec 28th, 2023 at 7.8000

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 8.2927

short term up The short-term trend has been UP since Jun 18th, 2024 at 9.0900

Smart Scan Analysis for PROF

Based on our trend formula, PROF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PROF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.0300 9.0900 8.8000 8.9998 +0.0098
Prev. Close Volume Bid Ask Time
9.0000 14552 2024-06-20 15:22:37
52wk High13.4652wk High Date2023-07-05
52wk Low7.1152wk Low Date2024-01-05
Average Volume27,228Shares Outstanding11,853
Assets64,421,000MLiabilities12,417,000M
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