Stock Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
ABIOMED, Inc (NASDAQ:ABMD)
Crossroads (+60) - ABMD 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 ABMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABMD
The long-term trend has been DOWN since May 11th, 2021 at 280.9962
The intermediate-term trend has been UP since Jun 7th, 2021 at 293.6300
The short-term trend has been UP since Jun 4th, 2021 at 286.1100
Smart Scan Analysis for ABMD
Based on our trend formula, ABMD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||459.75||Year High Date||2018-10-01|
|Year Low||188.05||Year Low Date||2018-01-02|
|52wk High||387.4||52wk High Date||2021-01-28|
|52wk Low||234.39||52wk Low Date||2020-06-29|
|Year End Close||13.44||Average Volume||285,372|
|Shares Outstanding||45,296||Short Interest||7,995,462|
|% Institutional||98.2||Market Cap||8,670M|