Stock Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Rapid Micro Biosystems, Inc. - Class A (NASDAQ:RPID)
Sidelines Mode (+55) - RPID is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RPID?
MarketClub looks at technical strength and momentum to determine if the timing is right for RPID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RPID
The long-term trend has been DOWN since Aug 12th, 2021 at 18.42
The intermediate-term trend has been UP since Mar 7th, 2023 at 1.38
The short-term trend has been DOWN since Mar 23rd, 2023 at 1.25
Smart Scan Analysis for RPID
Based on our trend formula, RPID is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.19||52wk High Date||2022-03-24|
|52wk Low||1.01||52wk Low Date||2023-03-02|
|Average Volume||58,516||Shares Outstanding||42,188|