Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
SMARTKEM INC (NASDAQ:SMTK)
Strong Downtrend (-100) - SMTK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SMTK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SMTK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMTK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMTK
The long-term trend has been DOWN since May 18th, 2022 at 3.25
The intermediate-term trend has been DOWN since Feb 7th, 2023 at 0.60
The short-term trend has been DOWN since May 19th, 2023 at 0.15
Smart Scan Analysis for SMTK
Based on our trend formula, SMTK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.5||52wk High Date||2022-06-30|
|52wk Low||0.07||52wk Low Date||2023-05-22|
|Average Volume||22,416||Shares Outstanding||27,088|