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Stock Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
ReShape Lifesciences, Inc. (NASDAQ:RSLS)
Bull Market Weakness (+75) - RSLS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RSLS as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for RSLS
The long-term trend has been DOWN since Aug 28th, 2024 at 0.1601
The intermediate-term trend has been UP since Oct 21st, 2024 at 6.5100
The short-term trend has been UP since Nov 4th, 2024 at 5.9894
Smart Scan Analysis for RSLS
Based on our trend formula, RSLS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.8200 | 6.9033 | 5.6100 | 6.0500 | +0.1700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.0500 | 179863 | 2024-11-04 15:59:38 |
| Year High | 3756.9 | Year High Date | 2018-01-25 |
| Year Low | 0.8 | Year Low Date | 2018-11-28 |
| 52wk High | 34.22 | 52wk High Date | 2023-12-13 |
| 52wk Low | 4.6 | 52wk Low Date | 2024-10-04 |
| Average Volume | 120,565 | Shares Outstanding | 29,387 |
| Assets | 6,393,000M | Liabilities | 3,358,000M |
| P/E Ratio | 0.274 | Volatility | 210.44 |