Stock Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Lipocine, Inc (NASDAQ:LPCN)
Sidelines Mode (-55) - LPCN 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 LPCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for LPCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LPCN
The long-term trend has been UP since May 15th, 2020 at 0.77
The intermediate-term trend has been DOWN since Aug 25th, 2020 at 1.57
The short-term trend has been UP since Oct 22nd, 2020 at 1.38
Smart Scan Analysis for LPCN
Based on our trend formula, LPCN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.59||Year High Date||2018-01-08|
|Year Low||1.03||Year Low Date||2018-05-09|
|52wk High||3.25||52wk High Date||2019-10-18|
|52wk Low||0.301||52wk Low Date||2020-03-18|
|Average Volume||5,905,693||Shares Outstanding||65,583|