Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Rallybio Corporation (NASDAQ:RLYB)
Long-Term Downtrend (-90) - RLYB is in a strong downtrend that is likely to continue. While RLYB 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 RLYB?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLYB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RLYB
The long-term trend has been DOWN since Mar 20th, 2023 at 4.54
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 3.33
The short-term trend has been DOWN since Nov 28th, 2023 at 2.25
Smart Scan Analysis for RLYB
Based on our trend formula, RLYB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.875||52wk High Date||2023-03-07|
|52wk Low||1.72||52wk Low Date||2023-11-30|
|Average Volume||132,974||Shares Outstanding||37,794|