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Stock Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Rockwell Medical, Inc. (NASDAQ:RMTI)
Countertrend Down (-85) - RMTI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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MarketClub’s Trade Triangles for RMTI
The long-term trend has been DOWN since Aug 16th, 2023 at 2.18
The intermediate-term trend has been DOWN since Jul 14th, 2023 at 4.04
The short-term trend has been UP since Sep 28th, 2023 at 1.92
Smart Scan Analysis for RMTI
Based on our trend formula, RMTI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.080 | 2.130 | 2.005 | 2.020 | -0.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.030 | 229947 | 2023-10-02 15:59:56 |
| Year High | 6.92 | Year High Date | 2018-03-15 |
| Year Low | 3.2881 | Year Low Date | 2018-11-29 |
| 52wk High | 6.24 | 52wk High Date | 2023-07-11 |
| 52wk Low | 0.84 | 52wk Low Date | 2022-11-09 |
| Year End Close | 8.05 | Average Volume | 315,205 |
| Shares Outstanding | 28,490 | Short Interest | 1,756,849 |
| % Institutional | 31.8 | Market Cap | 190M |
| Assets | 38,037,000M | Liabilities | 28,509,000M |
| P/E Ratio | -0.52470000 | Beta | 0.79 |
| Volatility | 89.3 |