Stock Trend Analysis Report
Prepared for you on Wednesday, May 18, 2022.
MEDIROM Healthcare Technologies Inc. - American Depositary Share (NASDAQ:MRM)
Countertrend Down (-85) - MRM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MRM?
MarketClub looks at technical strength and momentum to determine if the timing is right for MRM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MRM
The long-term trend has been DOWN since May 11th, 2022 at 5.90
The intermediate-term trend has been DOWN since May 9th, 2022 at 7.50
The short-term trend has been UP since May 13th, 2022 at 7.08
Smart Scan Analysis for MRM
Based on our trend formula, MRM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.45||52wk High Date||2021-09-23|
|52wk Low||5.46||52wk Low Date||2021-08-16|