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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.

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.

Open High Low RMTI Price Change
2.080 2.130 2.005 2.020 -0.060
Entry Signal

MarketClub’s Trade Triangles for RMTI

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 2.18

intermediate term down The intermediate-term trend has been DOWN since Jul 14th, 2023 at 4.04

short term up 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).

Smart Scan Analysis for RMTI
Strong Downtrend Sideways 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 High6.92Year High Date2018-03-15
Year Low3.2881Year Low Date2018-11-29
52wk High6.2452wk High Date2023-07-11
52wk Low0.8452wk Low Date2022-11-09
Year End Close8.05Average Volume315,205
Shares Outstanding28,490Short Interest1,756,849
% Institutional31.8Market Cap190M
P/E Ratio-0.52470000Beta0.79
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