Stock Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Relmada Therapeutics, Inc. (NASDAQ:RLMD)
Sidelines Mode (+55) - RLMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RLMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RLMD
The long-term trend has been DOWN since Mar 16th, 2020 at 29.00
The intermediate-term trend has been UP since Apr 8th, 2020 at 36.22
The short-term trend has been DOWN since May 21st, 2020 at 44.50
Smart Scan Analysis for RLMD
Based on our trend formula, RLMD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.94||Year High Date||2018-04-19|
|Year Low||0.61||Year Low Date||2018-03-19|
|52wk High||52.215||52wk High Date||2020-02-20|
|52wk Low||10.3||52wk Low Date||2019-10-10|
|Average Volume||197,773||Shares Outstanding||10,275|