Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Relmada Therapeutics, Inc. (NASDAQ:RLMD)
Long-Term Downtrend (-90) - RLMD is in a strong downtrend that is likely to continue. While RLMD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Nov 29th, 2023 at 2.48
The intermediate-term trend has been DOWN since Oct 31st, 2023 at 2.95
The short-term trend has been DOWN since Nov 17th, 2023 at 2.84
Smart Scan Analysis for RLMD
Based on our trend formula, RLMD is rated as a -90 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||4.85||52wk High Date||2023-01-18|
|52wk Low||1.81||52wk Low Date||2022-12-08|
|Average Volume||120,202||Shares Outstanding||30,099|