Stock Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
Acumen Pharmaceuticals, Inc. (NASDAQ:ABOS)
Long-Term Downtrend (-90) - ABOS is in a strong downtrend that is likely to continue. While ABOS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ABOS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ABOS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ABOS
The long-term trend has been DOWN since Jul 16th, 2021 at 16.9275
The intermediate-term trend has been DOWN since Sep 15th, 2021 at 14.9100
The short-term trend has been DOWN since Nov 9th, 2021 at 14.3001
Smart Scan Analysis for ABOS
Based on our trend formula, ABOS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.98||52wk High Date||2021-07-01|
|52wk Low||7.95||52wk Low Date||2021-11-29|
|Average Volume||52,583||Shares Outstanding||40,470|