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.
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 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).
|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|