Stock Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
InMed Pharmaceuticals Inc. - Common Shares (NASDAQ:INM)
Bear Market Rally (-75) - INM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on INM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid INM?
MarketClub looks at technical strength and momentum to determine if the timing is right for INM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for INM
The long-term trend has been DOWN since Apr 15th, 2021 at 3.0600
The intermediate-term trend has been UP since Aug 12th, 2022 at 0.4296
The short-term trend has been DOWN since Aug 19th, 2022 at 0.3790
Smart Scan Analysis for INM
Based on our trend formula, INM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.59||52wk High Date||2021-08-26|
|52wk Low||0.34||52wk Low Date||2022-07-28|
|Average Volume||132,022||Shares Outstanding||14,642|