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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

MARIMED INC (NASDAQ:MRMD)

Countertrend Down (-85) - MRMD 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 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
0.1900 0.2000 0.1855 0.1950 +0.0050
Entry Signal

MarketClub’s Trade Triangles for MRMD

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 0.2615

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2024 at 0.2500

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.2149

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
0.1900 0.2000 0.1855 0.1950 +0.0050
Prev. Close Volume Bid Ask Time
0.1950 163094 2024-06-18 15:54:03
Year High5.8Year High Date2018-10-08
Year Low0.517Year Low Date2018-01-04
52wk High0.54552wk High Date2023-09-15
52wk Low0.181152wk Low Date2024-06-11
Average Volume419,238Shares Outstanding379,644
Assets201,332,000MLiabilities111,821,000M
P/E Ratio20.41Volatility94.64
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