Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Smart for Life, Inc. (NASDAQ:SMFL)
Long-Term Downtrend (-90) - SMFL is in a strong downtrend that is likely to continue. While SMFL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SMFL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMFL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMFL
The long-term trend has been DOWN since Feb 18th, 2022 at 1.8200
The intermediate-term trend has been DOWN since Aug 14th, 2023 at 1.6400
The short-term trend has been DOWN since Sep 19th, 2023 at 0.9233
Smart Scan Analysis for SMFL
Based on our trend formula, SMFL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||73.635||52wk High Date||2022-11-14|
|52wk Low||0.851||52wk Low Date||2023-09-08|
|Average Volume||260,456||Shares Outstanding||1,850|