Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Standard BioTools Inc. (NASDAQ:LAB)
Countertrend Up (+85) - LAB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for LAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LAB
The long-term trend has been UP since May 19th, 2023 at 2.3800
The intermediate-term trend has been UP since May 11th, 2023 at 1.8900
The short-term trend has been DOWN since May 31st, 2023 at 2.4201
Smart Scan Analysis for LAB
Based on our trend formula, LAB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.65||52wk High Date||2023-05-25|
|52wk Low||0.92||52wk Low Date||2022-11-09|
|Average Volume||498,870||Shares Outstanding||78,385|