Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Liminal BioSciences Inc. - Common Shares (NASDAQ:LMNL)
Long-Term Downtrend (-90) - LMNL is in a strong downtrend that is likely to continue. While LMNL 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 LMNL?
MarketClub looks at technical strength and momentum to determine if the timing is right for LMNL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LMNL
The long-term trend has been DOWN since Jul 8th, 2021 at 3.53
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 2.46
The short-term trend has been DOWN since Oct 18th, 2021 at 1.94
Smart Scan Analysis for LMNL
Based on our trend formula, LMNL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7.07||52wk High Date||2020-12-21|
|52wk Low||1.77||52wk Low Date||2021-10-26|
|Average Volume||109,228||Shares Outstanding||29,944|