Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
Ra Medical Systems, Inc (NYSE:RMED)
Crossroads (-60) - RMED 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 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 UP since Jan 15th, 2020 at 1.855
The intermediate-term trend has been DOWN since Feb 19th, 2020 at 1.740
The short-term trend has been DOWN since Feb 12th, 2020 at 2.270
Smart Scan Analysis for RMED
Based on our trend formula, RMED is rated as a -60 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||10.19||52wk High Date||2019-01-11|
|52wk Low||0.695||52wk Low Date||2019-12-16|
|Average Volume||108,780||Shares Outstanding||13,408|