Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
ShockWave Medical, Inc. (NASDAQ:SWAV)
Crossroads (-60) - SWAV is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SWAV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SWAV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SWAV
The long-term trend has been UP since Jun 9th, 2020 at 45.76
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 206.13
The short-term trend has been DOWN since Oct 11th, 2021 at 198.65
Smart Scan Analysis for SWAV
Based on our trend formula, SWAV is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||237.76||52wk High Date||2021-09-07|
|52wk Low||66.09||52wk Low Date||2020-11-02|
|Average Volume||256,231||Shares Outstanding||35,150|