Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Ra Medical Systems, Inc (NYSE:RMED)
Strong Downtrend (-100) - RMED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RMED?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMED
The long-term trend has been DOWN since May 4th, 2020 at 0.8800
The intermediate-term trend has been DOWN since May 1st, 2020 at 0.9500
The short-term trend has been DOWN since Sep 22nd, 2020 at 0.2471
Smart Scan Analysis for RMED
Based on our trend formula, RMED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22||Year High Date||2018-09-27|
|Year Low||7.5||Year Low Date||2018-11-13|
|52wk High||2.6879||52wk High Date||2020-01-31|
|52wk Low||0.2305||52wk Low Date||2020-09-09|
|Average Volume||7,025,027||Shares Outstanding||72,468|