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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
QSAM BIOSCIENCES INC (NASDAQ:QSAM)
Bull Market Weakness (+75) - QSAM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QSAM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QSAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSAM.
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 QSAM
The long-term trend has been UP since Apr 26th, 2023 at 5.10
The intermediate-term trend has been UP since Oct 30th, 2023 at 4.90
The short-term trend has been DOWN since Dec 5th, 2023 at 6.75
Smart Scan Analysis for QSAM
Based on our trend formula, QSAM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.70 | 6.70 | 6.51 | 6.51 | -0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.55 | 5450 | 2023-12-07 15:54:36 |
| 52wk High | 34 | 52wk High Date | 2021-04-05 |
| 52wk Low | 5.6 | 52wk Low Date | 2022-02-02 |
| Average Volume | 2,224 | Shares Outstanding | 1,662 |
| Assets | 1,669,880M | Liabilities | 1,392,964M |
| P/E Ratio | -0.81390000 |