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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Lightwave Logic, Inc. (NASDAQ:LWLG)
Long-Term Downtrend (-90) - LWLG is in a strong downtrend that is likely to continue. While LWLG 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 LWLG?
MarketClub looks at technical strength and momentum to determine if the timing is right for LWLG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LWLG
The long-term trend has been DOWN since Sep 1st, 2023 at 6.21
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 4.02
The short-term trend has been DOWN since Apr 3rd, 2024 at 4.40
Smart Scan Analysis for LWLG
Based on our trend formula, LWLG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.10 | 4.11 | 3.94 | 4.10 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.09 | 612555 | 2024-04-18 15:59:47 |
| Year High | 1.33 | Year High Date | 2018-03-26 |
| Year Low | 0.85 | Year Low Date | 2018-10-18 |
| 52wk High | 9.18 | 52wk High Date | 2023-06-07 |
| 52wk Low | 3.79 | 52wk Low Date | 2023-12-01 |
| Year End Close | 0.885 | Average Volume | 616,637 |
| Shares Outstanding | 119,185 | Assets | 41,783,585M |
| Liabilities | 5,349,771M | P/E Ratio | -61.00000000 |
| Beta | 0.76 | Volatility | 63.32 |