Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Rapid Micro Biosystems, Inc. - Class A (NASDAQ:RPID)

Long-Term Downtrend (-90) - RPID is in a strong downtrend that is likely to continue. While RPID is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_RPID
Open High Low RPID Price Change
0.7800 0.7800 0.7321 0.7501 -0.0199
Entry Signal

MarketClub’s Trade Triangles for RPID

long term down The long-term trend has been DOWN since Dec 22nd, 2023 at 0.910

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.935

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 0.762

Smart Scan Analysis for RPID

Based on our trend formula, RPID is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RPID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7800 0.7800 0.7321 0.7501 -0.0199
Prev. Close Volume Bid Ask Time
0.7750 1518 2024-06-20 11:03:19
52wk High1.1952wk High Date2023-09-15
52wk Low0.7452wk Low Date2023-12-29
Average Volume16,269Shares Outstanding42,862
Assets127,731,000MLiabilities21,788,000M
P/E Ratio9
Get a free daily analysis and signals for Rapid Micro Biosystems, Inc. - Class A (RPID) - Request Your Free Report.