(PMD) Psychemedics Corporation complete technical analysis [charts+indicators] | Buy/Sell Psychemedics Corporation | (PMD) share price targets
Complete technical analysis of Psychemedics Corporation (PMD) by charts plus indicators, forecast predictions and share price targets for Psychemedics Corporation (PMD)
Psychemedics Corporation trades in USA in Health Care sector.
Showing technical analysis as on 2024-05-14 View latest technical analysis
10 day averaged volume of Psychemedics Corporation is 5860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 2.65 | 2.53 | 2.65 | 2.53 | 0.802 times |
| 10 Fri May 2024 | 2.55 | 2.55 | 2.55 | 2.55 | 0.188 times |
| 09 Thu May 2024 | 2.59 | 2.55 | 2.59 | 2.55 | 0.324 times |
| 08 Wed May 2024 | 2.54 | 2.54 | 2.54 | 2.54 | 0.375 times |
| 07 Tue May 2024 | 2.53 | 2.65 | 2.65 | 2.53 | 4.249 times |
| 06 Mon May 2024 | 2.54 | 2.55 | 2.55 | 2.54 | 0.341 times |
| 03 Fri May 2024 | 2.55 | 2.55 | 2.55 | 2.55 | 0.119 times |
| 02 Thu May 2024 | 2.64 | 2.54 | 2.64 | 2.54 | 0.58 times |
| 01 Wed May 2024 | 2.62 | 2.70 | 2.70 | 2.53 | 0.324 times |
| 30 Tue Apr 2024 | 2.59 | 2.55 | 2.75 | 2.52 | 3.14 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.6, but if it comes below 2.6, then a intra day sell could be more profitable.
If you take a sell trade below 2.6, then use 2.6 as stoploss and 2.58 as target. However if you take a buy trade in stock , then use 2.6 as stoploss and 2.7 as target.
Share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Target | 2.51 |
| Downside Target | 2.65 |
| Upside Target | 2.75 |
| Upside Target | 2.85 |
| Upside Target | 2.86 |
| Upside Target | 2.92 |
| Upside Target | 2.93 |
| Upside Target | 3.29 |
| Upside Target | 3.44 |
| Upside Target | 3.93 |
Intraday share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Intraday Target | 2.57 |
| Downside Intraday Target | 2.49 |
| Upside Intraday Target | 2.69 |
| Upside Intraday Target | 2.73 |
| Downside Intraday Target | 2.61 |
Weekly technical analysis of Psychemedics Corporation (PMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 2.65 | 2.53 | 2.65 | 2.53 | 0.146 times |
| 10 Fri May 2024 | 2.55 | 2.55 | 2.65 | 2.53 | 1.211 times |
| 03 Fri May 2024 | 2.55 | 2.67 | 2.75 | 2.52 | 2.208 times |
| 26 Fri Apr 2024 | 2.55 | 2.65 | 2.75 | 2.54 | 0.343 times |
| 19 Fri Apr 2024 | 2.57 | 2.73 | 2.73 | 2.51 | 0.98 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Psychemedics Corporation (PMD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 2.65 | 2.70 | 2.70 | 2.53 | 0.331 times |
| 30 Tue Apr 2024 | 2.59 | 2.93 | 2.93 | 2.51 | 0.501 times |
| 28 Thu Mar 2024 | 2.93 | 3.16 | 3.29 | 2.86 | 1.494 times |
| 29 Thu Feb 2024 | 3.16 | 3.21 | 3.44 | 2.85 | 0.411 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Psychemedics Corporation (PMD)
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Psychemedics Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Psychemedics Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Psychemedics Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Psychemedics Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Psychemedics Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.57 and Psychemedics Corporation (PMD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Psychemedics Corporation (PMD) stock. Volume based technical analysis of Psychemedics Corporation (PMD) stock is negative.
Psychemedics Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Psychemedics Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Psychemedics Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Psychemedics Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Psychemedics Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Psychemedics Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.57 and Psychemedics Corporation (PMD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Psychemedics Corporation (PMD) stock. Volume based technical analysis of Psychemedics Corporation (PMD) stock is negative.
Psychemedics Corporation Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.