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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

SmartKem, Inc. (NASDAQ:SMTK)

Sidelines Mode (-55) - SMTK 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 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.

NASDAQ_SMTK
Open High Low SMTK Price Change
5.4000 5.8719 5.4000 5.8719 +0.4067
Entry Signal

MarketClub’s Trade Triangles for SMTK

long term down The long-term trend has been DOWN since Jun 6th, 2024 at 6.000

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 9.010

short term up The short-term trend has been UP since Jul 26th, 2024 at 5.765

Smart Scan Analysis for SMTK

Based on our trend formula, SMTK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SMTK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4000 5.8719 5.4000 5.8719 +0.4067
Prev. Close Volume Bid Ask Time
5.4652 391 2024-07-26 11:15:28
52wk High1352wk High Date2024-05-31
52wk Low4.9952wk Low Date2024-07-24
Average Volume1,840Shares Outstanding1,438
Assets9,757,000MLiabilities3,202,000M
P/E Ratio-4.23730000
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