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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
SMX (Security Matters) Public Limited Company - Class A Ordinary Shares (NASDAQ:SMX)
Long-Term Downtrend (-90) - SMX is in a strong downtrend that is likely to continue. While SMX 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 SMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SMX
The long-term trend has been DOWN since Mar 13th, 2023 at 3.8000
The intermediate-term trend has been DOWN since Feb 28th, 2024 at 0.2210
The short-term trend has been DOWN since Apr 25th, 2024 at 0.1501
Smart Scan Analysis for SMX
Based on our trend formula, SMX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1334 | 0.1350 | 0.1309 | 0.1349 | +0.0032 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1317 | 164441 | 2024-05-08 11:15:48 |
| 52wk High | 39.82 | 52wk High Date | 2023-05-09 |
| 52wk Low | 0.12 | 52wk Low Date | 2024-03-13 |
| Average Volume | 1,588,002 | Shares Outstanding | 1,014 |