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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

InMode Ltd. - Ordinary Shares (NASDAQ:INMD)

Long-Term Downtrend (-90) - INMD is in a strong downtrend that is likely to continue. While INMD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid INMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for INMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_INMD
Open High Low INMD Price Change
18.0000 18.0745 17.4000 17.6900 -0.2300
Entry Signal

MarketClub’s Trade Triangles for INMD

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 19.70

intermediate term down The intermediate-term trend has been DOWN since Feb 20th, 2024 at 22.66

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 20.82

Smart Scan Analysis for INMD

Based on our trend formula, INMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for INMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.0000 18.0745 17.4000 17.6900 -0.2300
Prev. Close Volume Bid Ask Time
17.6900 2004789 2024-04-15 15:59:45
52wk High48.2552wk High Date2023-07-27
52wk Low17.7452wk Low Date2024-04-10
Average Volume1,521,164Shares Outstanding75,568
Market Cap858MAssets863,286,000M
Liabilities75,914,000MP/E Ratio7.7913
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