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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

ReShape Lifesciences, Inc. (NASDAQ:RSLS)

Countertrend Down (-85) - RSLS 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 RSLS?

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

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

NASDAQ_RSLS
Open High Low RSLS Price Change
0.1685 0.1732 0.1652 0.1683 +0.0014
Entry Signal

MarketClub’s Trade Triangles for RSLS

long term down The long-term trend has been DOWN since Apr 26th, 2023 at 2.490

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 0.161

short term up The short-term trend has been UP since Apr 18th, 2024 at 0.170

Smart Scan Analysis for RSLS

Based on our trend formula, RSLS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RSLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1685 0.1732 0.1652 0.1683 +0.0014
Prev. Close Volume Bid Ask Time
0.1669 176566 2024-04-23 15:56:57
Year High3756.9Year High Date2018-01-25
Year Low0.8Year Low Date2018-11-28
52wk High2.79852wk High Date2023-05-09
52wk Low0.141452wk Low Date2024-02-14
Average Volume355,200Shares Outstanding23,457
Assets10,663,000MLiabilities4,000,000M
P/E Ratio-0.03110000Volatility210.44
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