Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Larimar Therapeutics, Inc. (NASDAQ:LRMR)
Bull Market Weakness (+75) - LRMR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LRMR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LRMR?
MarketClub looks at technical strength and momentum to determine if the timing is right for LRMR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LRMR
The long-term trend has been DOWN since Oct 12th, 2023 at 3.030
The intermediate-term trend has been UP since Nov 17th, 2023 at 3.275
The short-term trend has been UP since Dec 1st, 2023 at 3.560
Smart Scan Analysis for LRMR
Based on our trend formula, LRMR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.85||52wk High Date||2023-02-13|
|52wk Low||2.18||52wk Low Date||2023-11-10|
|Average Volume||100,479||Shares Outstanding||43,906|