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Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

Profound Medical Corp. - common stock (NASDAQ:PROF)

Crossroads (+60) - PROF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_PROF
Open High Low PROF Price Change
8.6000 8.4200 8.1729 8.2300 -0.2550
Entry Signal

MarketClub’s Trade Triangles for PROF

long term down The long-term trend has been DOWN since Dec 28th, 2023 at 7.80

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 8.39

short term up The short-term trend has been UP since May 15th, 2024 at 8.80

Smart Scan Analysis for PROF

Based on our trend formula, PROF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PROF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.6000 8.4200 8.1729 8.2300 -0.2550
Prev. Close Volume Bid Ask Time
8.2900 7440 2024-05-17 15:44:39
52wk High15.4952wk High Date2023-06-13
52wk Low7.1152wk Low Date2024-01-05
Average Volume28,675Shares Outstanding11,853
Assets64,421,000MLiabilities12,417,000M
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