Stock Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
Bright Minds Biosciences Inc. (NASDAQ:DRUG)
Sidelines Mode (+55) - DRUG 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 DRUG?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRUG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRUG
The long-term trend has been DOWN since Aug 10th, 2023 at 2.3955
The intermediate-term trend has been UP since Nov 22nd, 2023 at 1.4100
The short-term trend has been DOWN since Dec 1st, 2023 at 1.3400
Smart Scan Analysis for DRUG
Based on our trend formula, DRUG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.44||52wk High Date||2023-08-08|
|52wk Low||1.2||52wk Low Date||2023-11-17|
|Average Volume||21,080||Shares Outstanding||2,367|