Stock Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Ra Medical Systems, Inc (NYSE:RMED)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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 UP since Dec 30th, 2019 at 1.260
The short term trend has been UP since Dec 30th, 2019 at 0.930
Smart Scan Analysis for RMED
Based on a pre-defined weighted trend formula for chart analysis, RMED scored +90 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|