Stock Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
Rockwell Medical, Inc. (NASDAQ:RMTI)
Strong Uptrend (+100) - RMTI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RMTI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 13th, 2022 at 0.5000
The intermediate-term trend has been UP since Jul 22nd, 2022 at 1.6362
The short-term trend has been UP since Jul 29th, 2022 at 1.3900
Smart Scan Analysis for RMTI
Based on our trend formula, RMTI is rated as a +100 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||8.0509||52wk High Date||2021-08-09|
|52wk Low||1.17||52wk Low Date||2022-07-18|
|Year End Close||8.05||Average Volume||101,146|
|Shares Outstanding||8,532||Short Interest||1,756,849|
|% Institutional||31.8||Market Cap||190M|