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Stock Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

MARIMED INC (NASDAQ:MRMD)

Countertrend Up (+85) - MRMD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid MRMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for MRMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MRMD
Open High Low MRMD Price Change
0.470 0.470 0.443 0.460 -0.010
Entry Signal

MarketClub’s Trade Triangles for MRMD

long term up The long-term trend has been UP since Sep 5th, 2023 at 0.4500

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2023 at 0.3605

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 0.4700

Smart Scan Analysis for MRMD

Based on our trend formula, MRMD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MRMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.470 0.470 0.443 0.460 -0.010
Prev. Close Volume Bid Ask Time
0.470 69325 2023-09-22 15:55:12
Year High5.8Year High Date2018-10-08
Year Low0.517Year Low Date2018-01-04
52wk High0.69452wk High Date2022-10-07
52wk Low0.251152wk Low Date2023-08-15
Average Volume714,886Shares Outstanding371,615
Assets184,391,000MLiabilities79,833,000M
P/E Ratio15.6667Volatility94.64
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