Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Ra Medical Systems, Inc (NYSE:RMED)
Countertrend Down (-85) - RMED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RMED?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMED
The long-term trend has been DOWN since May 4th, 2020 at 0.880
The intermediate-term trend has been DOWN since May 1st, 2020 at 0.950
The short-term trend has been UP since May 26th, 2020 at 0.518
Smart Scan Analysis for RMED
Based on our trend formula, RMED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22||Year High Date||2018-09-27|
|Year Low||7.5||Year Low Date||2018-11-13|
|52wk High||5.7976||52wk High Date||2019-04-26|
|52wk Low||0.695||52wk Low Date||2019-12-16|
|Average Volume||29,585||Shares Outstanding||13,770|