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(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 2024-07-12 View latest technical analysis

10 day averaged volume of Psychemedics Corporation is 3220

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2.37	2.36	2.37	2.32	0.497 times
11 Thu Jul 2024	2.33	2.40	2.40	2.33	0.528 times
10 Wed Jul 2024	2.43	2.44	2.50	2.42	1.211 times
09 Tue Jul 2024	2.45	2.40	2.45	2.40	0.435 times
08 Mon Jul 2024	2.40	2.48	2.50	2.40	0.776 times
05 Fri Jul 2024	2.43	2.33	2.48	2.33	0.683 times
03 Wed Jul 2024	2.33	2.34	2.34	2.33	0.342 times
03 Wed Jul 2024	2.33	2.34	2.34	2.33	0.342 times
02 Tue Jul 2024	2.35	2.34	2.49	2.34	1.925 times
01 Mon Jul 2024	2.35	2.47	2.50	2.34	0.87 times

My analysis of stock is bullish for shortterm, and stock might move up till 2.4 or till 2.5. Use a stoploss of 2.36 and if this stock hits its stoploss, then it can fall down till 2.31

Share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Target	2.23
Downside Target	2.29
Upside Target	2.48
Upside Target	2.50
Upside Target	2.51
Upside Target	2.55
Upside Target	2.70
Upside Target	2.86
Upside Target	2.93
Upside Target	3.29

Intraday share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Intraday Target	2.29
Downside Intraday Target	2.22
Upside Intraday Target	2.47
Upside Intraday Target	2.58
Upside Intraday Target	2.4

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	2.37	2.48	2.50	2.32	3.364 times
05 Fri Jul 2024	2.43	2.34	2.48	2.33	0.327 times
03 Wed Jul 2024	2.33	2.47	2.50	2.33	0.377 times
28 Fri Jun 2024	2.42	2.35	2.55	2.29	5.36 times
21 Fri Jun 2024	2.35	2.24	2.35	2.24	1.923 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
12 Fri Jul 2024	2.37	2.47	2.50	2.32	0.313 times
28 Fri Jun 2024	2.42	2.43	2.55	2.23	0.632 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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.

Psychemedics Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Psychemedics Corporation in short term and SELL signal is strong!

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

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 2.38 and Psychemedics Corporation (PMD) stock is trading below this level. This means that stock is falling with high volumes. 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.