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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Rockwell Medical, Inc. (NASDAQ:RMTI)
Bull Market Weakness (+75) - RMTI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RMTI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RMTI?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMTI.
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 RMTI
The long-term trend has been UP since May 14th, 2024 at 1.8100
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 3.4700
The short-term trend has been UP since Oct 14th, 2024 at 3.5193
Smart Scan Analysis for RMTI
Based on our trend formula, RMTI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.61 | 3.81 | 3.54 | 3.74 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.75 | 366945 | 2024-10-25 15:59:52 |
| Year High | 6.92 | Year High Date | 2018-03-15 |
| Year Low | 3.2881 | Year Low Date | 2018-11-29 |
| 52wk High | 4.57 | 52wk High Date | 2024-09-20 |
| 52wk Low | 1.16 | 52wk Low Date | 2024-02-05 |
| Year End Close | 8.05 | Average Volume | 387,519 |
| Shares Outstanding | 31,030 | Short Interest | 1,756,849 |
| % Institutional | 31.8 | Market Cap | 190M |
| Assets | 53,028,000M | Liabilities | 29,530,000M |
| P/E Ratio | -0.52470000 | Beta | 0.79 |
| Volatility | 89.3 |