Stock Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
Avid Bioservices, Inc (NASDAQ:CDMO)
Bull Market Weakness (+75) - CDMO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CDMO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CDMO?
MarketClub looks at technical strength and momentum to determine if the timing is right for CDMO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CDMO
The long-term trend has been UP since Jun 5th, 2020 at 6.81
The intermediate-term trend has been UP since Apr 5th, 2021 at 19.24
The short-term trend has been UP since Jul 29th, 2021 at 26.45
Smart Scan Analysis for CDMO
Based on our trend formula, CDMO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.44||Year High Date||2018-09-11|
|Year Low||2.24||Year Low Date||2018-02-15|
|52wk High||27.02||52wk High Date||2021-07-02|
|52wk Low||6.605||52wk Low Date||2020-09-08|
|Average Volume||520,316||Shares Outstanding||61,098|