Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Ra Medical Systems, Inc. (AMEX:RMED)
Bear Market Rally (-75) - RMED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RMED as it may be in the beginning of a reversal.
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 Aug 17th, 2021 at 2.8500
The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 2.8801
The short-term trend has been UP since Dec 8th, 2021 at 1.9200
Smart Scan Analysis for RMED
Based on our trend formula, RMED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9.82||52wk High Date||2021-06-07|
|52wk Low||1.48||52wk Low Date||2021-12-06|
|Average Volume||241,704||Shares Outstanding||7,030|