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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.
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MarketClub’s Trade Triangles for MRMD
The long-term trend has been UP since Sep 5th, 2023 at 0.4500
The intermediate-term trend has been UP since Aug 30th, 2023 at 0.3605
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).
| 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 High | 5.8 | Year High Date | 2018-10-08 |
| Year Low | 0.517 | Year Low Date | 2018-01-04 |
| 52wk High | 0.694 | 52wk High Date | 2022-10-07 |
| 52wk Low | 0.2511 | 52wk Low Date | 2023-08-15 |
| Average Volume | 714,886 | Shares Outstanding | 371,615 |
| Assets | 184,391,000M | Liabilities | 79,833,000M |
| P/E Ratio | 15.6667 | Volatility | 94.64 |