Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Treace Medical Concepts, Inc. (NASDAQ:TMCI)
Countertrend Up (+85) - TMCI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid TMCI?
MarketClub looks at technical strength and momentum to determine if the timing is right for TMCI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TMCI
The long-term trend has been UP since Apr 6th, 2023 at 26.50
The intermediate-term trend has been UP since May 22nd, 2023 at 26.98
The short-term trend has been DOWN since May 24th, 2023 at 25.91
Smart Scan Analysis for TMCI
Based on our trend formula, TMCI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||27.97||52wk High Date||2023-04-06|
|52wk Low||13.19||52wk Low Date||2022-06-14|
|Average Volume||346,042||Shares Outstanding||61,331|