Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-24 View latest technical analysis

10 day averaged volume of Psychemedics Corporation is 2130

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	2.31	2.35	2.35	2.29	4.46 times
21 Fri Jun 2024	2.35	2.29	2.35	2.26	0.939 times
20 Thu Jun 2024	2.29	2.33	2.35	2.28	0.845 times
18 Tue Jun 2024	2.35	2.24	2.35	2.24	0.563 times
18 Tue Jun 2024	2.35	2.24	2.35	2.24	0.563 times
17 Mon Jun 2024	2.27	2.28	2.28	2.23	0.657 times
14 Fri Jun 2024	2.25	2.24	2.25	2.24	0.329 times
13 Thu Jun 2024	2.31	2.32	2.33	2.31	0.423 times
12 Wed Jun 2024	2.31	2.26	2.31	2.25	1.831 times
11 Tue Jun 2024	2.26	2.27	2.27	2.24	1.69 times

Stock of Psychemedics Corporation (PMD) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.35. However, stock will show a bearish move below 2.3.

Share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Target	2.23
Downside Target	2.29
Upside Target	2.34
Upside Target	2.44
Upside Target	2.51
Upside Target	2.70
Upside Target	2.85
Upside Target	2.86
Upside Target	2.93
Upside Target	3.29
Upside Target	3.44

Intraday share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Intraday Target	2.28
Downside Intraday Target	2.26
Upside Intraday Target	2.34
Upside Intraday Target	2.38
Upside Intraday Target	2.32

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	2.31	2.35	2.35	2.29	1.9 times
21 Fri Jun 2024	2.35	2.24	2.35	2.24	1.923 times
18 Tue Jun 2024	2.35	2.28	2.35	2.23	0.19 times
14 Fri Jun 2024	2.25	2.34	2.34	2.24	0.452 times
07 Fri Jun 2024	2.25	2.43	2.44	2.23	0.716 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Psychemedics Corporation (PMD)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	2.31	2.43	2.44	2.23	0.493 times
31 Fri May 2024	2.40	2.70	2.70	2.36	0.96 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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL. 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. Bulls 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 2.3 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.