Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
TITAN MEDICAL INC (NASDAQ:TMDIF)
Long-Term Downtrend (-90) - TMDIF is in a strong downtrend that is likely to continue. While TMDIF 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 TMDIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TMDIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TMDIF
The long-term trend has been DOWN since Sep 15th, 2023 at 0.1100
The intermediate-term trend has been DOWN since Mar 1st, 2024 at 0.0598
The short-term trend has been DOWN since Apr 23rd, 2024 at 0.0375
Smart Scan Analysis for TMDIF
Based on our trend formula, TMDIF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0365 | 0.0420 | 0.0365 | 0.0400 | +0.0004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0420 | 27916 | 2024-05-07 12:18:00 |
| 52wk High | 0.1919 | 52wk High Date | 2023-05-26 |
| 52wk Low | 0.033 | 52wk Low Date | 2024-05-01 |
| Average Volume | 74,732 | Shares Outstanding | 39,908 |
| Assets | 11,070,000M | Liabilities | 3,016,000M |