Stock Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
Rockwell Medical, Inc. (NASDAQ:RMTI)
Weak Uptrend (+65) - RMTI is showing signs of weakening momentum to the upside. Monitor RMTI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RMTI?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMTI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMTI
The long-term trend has been UP since May 13th, 2022 at 0.50
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1.36
The short-term trend has been UP since Jun 24th, 2022 at 1.38
Smart Scan Analysis for RMTI
Based on our trend formula, RMTI is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.92||Year High Date||2018-03-15|
|Year Low||3.2881||Year Low Date||2018-11-29|
|52wk High||10.78||52wk High Date||2021-06-28|
|52wk Low||1.25||52wk Low Date||2022-06-22|
|Year End Close||8.05||Average Volume||79,840|
|Shares Outstanding||8,532||Short Interest||1,756,849|
|% Institutional||31.8||Market Cap||190M|