Stock Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
Conformis, Inc (NASDAQ:CFMS)
Sidelines Mode (-55) - CFMS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CFMS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CFMS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CFMS
The long-term trend has been DOWN since Aug 3rd, 2020 at 0.72
The intermediate-term trend has been UP since Sep 9th, 2020 at 0.75
The short-term trend has been DOWN since Sep 18th, 2020 at 0.80
Smart Scan Analysis for CFMS
Based on our trend formula, CFMS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.72||Year High Date||2018-01-05|
|Year Low||0.42||Year Low Date||2018-11-20|
|52wk High||2.68||52wk High Date||2019-10-03|
|52wk Low||0.5003||52wk Low Date||2020-03-18|
|Average Volume||368,821||Shares Outstanding||77,556|