Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Tearlab Corp (NASDAQ:TEAR)
Bull Market Weakness (+75) - TEAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TEAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TEAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TEAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TEAR
The long-term trend has been UP since May 4th, 2020 at 0.04950
The intermediate-term trend has been UP since May 4th, 2020 at 0.02970
The short-term trend has been UP since May 29th, 2020 at 0.05495
Smart Scan Analysis for TEAR
Based on our trend formula, TEAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.73||Year High Date||2018-02-01|
|Year Low||0.08||Year Low Date||2018-10-23|
|52wk High||0.115||52wk High Date||2019-04-05|
|52wk Low||0.0201||52wk Low Date||2020-03-25|
|Year End Close||4.1||Average Volume||37,627|
|Shares Outstanding||12,561||Short Interest||3,800,758|