(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 2024-05-15 View latest technical analysis
10 day averaged volume of Psychemedics Corporation is 6120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 2.57 | 2.65 | 2.66 | 2.57 | 0.474 times |
| 14 Tue May 2024 | 2.65 | 2.53 | 2.65 | 2.53 | 0.768 times |
| 10 Fri May 2024 | 2.55 | 2.55 | 2.55 | 2.55 | 0.18 times |
| 09 Thu May 2024 | 2.59 | 2.55 | 2.59 | 2.55 | 0.31 times |
| 08 Wed May 2024 | 2.54 | 2.54 | 2.54 | 2.54 | 0.359 times |
| 07 Tue May 2024 | 2.53 | 2.65 | 2.65 | 2.53 | 4.069 times |
| 06 Mon May 2024 | 2.54 | 2.55 | 2.55 | 2.54 | 0.327 times |
| 03 Fri May 2024 | 2.55 | 2.55 | 2.55 | 2.55 | 0.114 times |
| 02 Thu May 2024 | 2.64 | 2.54 | 2.64 | 2.54 | 0.556 times |
| 01 Wed May 2024 | 2.62 | 2.70 | 2.70 | 2.53 | 0.31 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2.5 or till 2.5. Use a stoploss of 2.58 and if the stock hits stoploss, then it can shoot up till 2.62
Share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Target | 2.51 |
| Upside 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 | 2.51 |
| Downside Intraday Target | 2.46 |
| Upside Intraday Target | 2.64 |
| Upside Intraday Target | 2.72 |
| Upside Intraday Target | 2.59 |
Weekly technical analysis of Psychemedics Corporation (PMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 2.57 | 2.53 | 2.66 | 2.53 | 0.237 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 |
| 15 Wed May 2024 | 2.57 | 2.70 | 2.70 | 2.53 | 0.354 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 down 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short to mid 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 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 losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Psychemedics Corporation in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Psychemedics Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.56 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 falling down
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 has given negative 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short to mid 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 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 losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Psychemedics Corporation in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Psychemedics Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.56 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 falling down
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 has given negative 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.