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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Avid Bioservices, Inc. (NASDAQ:CDMO)

Weak Downtrend (-65) - CDMO is showing signs of a strengthening downtrend. Monitor CDMO as it may be building momentum to the downside.

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.

Open High Low CDMO Price Change
18.67 18.82 18.25 18.50 -0.54
Entry Signal

MarketClub’s Trade Triangles for CDMO

long term down The long-term trend has been DOWN since Jan 14th, 2022 at 20.30

intermediate term up The intermediate-term trend has been UP since Jun 7th, 2022 at 13.91

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 18.87

Smart Scan Analysis for CDMO

Based on our trend formula, CDMO is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CDMO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.67 18.82 18.25 18.50 -0.54
Prev. Close Volume Bid Ask Time
19.04 217430 2022-08-19 15:59:41
Year High8.44Year High Date2018-09-11
Year Low2.24Year Low Date2018-02-15
52wk High34.5152wk High Date2021-11-11
52wk Low11.352wk Low Date2022-05-12
Average Volume514,939Shares Outstanding61,835
Market Cap296MAssets429,843,000M
Liabilities255,317,000MP/E Ratio10.3478
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