Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Rockwell Medical, Inc (NASDAQ:RMTI)
Long-Term Downtrend (-90) - RMTI is in a strong downtrend that is likely to continue. While RMTI 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 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.
MarketClub’s Trade Triangles for RMTI
The long-term trend has been DOWN since Apr 12th, 2021 at 0.9967
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 1.3400
The short-term trend has been DOWN since Apr 30th, 2021 at 0.9576
Smart Scan Analysis for RMTI
Based on our trend formula, RMTI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.92||Year High Date||2018-03-15|
|Year Low||3.2881||Year Low Date||2018-11-29|
|52wk High||2.47||52wk High Date||2020-05-11|
|52wk Low||0.83||52wk Low Date||2020-11-02|
|Year End Close||8.05||Average Volume||1,756,341|
|Shares Outstanding||93,586||Short Interest||1,756,849|
|% Institutional||31.8||Market Cap||190M|