(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 2024-08-13 View latest technical analysis
10 day averaged volume of Psychemedics Corporation is 17740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 2.33 | 2.27 | 2.34 | 2.19 | 26.742 times |
| 12 Mon Aug 2024 | 1.83 | 1.68 | 1.85 | 1.68 | 4.464 times |
| 09 Fri Aug 2024 | 1.65 | 1.64 | 1.65 | 1.64 | 0.039 times |
| 08 Thu Aug 2024 | 1.64 | 1.88 | 1.88 | 1.63 | 0.654 times |
| 07 Wed Aug 2024 | 1.85 | 1.80 | 1.91 | 1.80 | 0.321 times |
| 06 Tue Aug 2024 | 1.81 | 1.75 | 2.04 | 1.75 | 0.519 times |
| 05 Mon Aug 2024 | 1.70 | 1.84 | 1.84 | 1.68 | 1.483 times |
| 02 Fri Aug 2024 | 2.00 | 2.24 | 2.24 | 2.00 | 1.608 times |
| 01 Thu Aug 2024 | 2.27 | 2.33 | 2.45 | 2.27 | 0.073 times |
| 31 Wed Jul 2024 | 2.28 | 2.24 | 2.28 | 2.24 | 0.089 times |
Stock of Psychemedics Corporation (PMD) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.3, but if it comes below 2.3, then a intra day sell could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.09 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.6 as target.
Share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Target | 1.63 |
| Downside Target | 1.68 |
| Downside Target | 2.00 |
| Downside Target | 2.04 |
| Downside Target | 2.18 |
| Downside Target | 2.23 |
| Upside Target | 2.34 |
| Upside Target | 2.45 |
| Upside Target | 2.47 |
| Upside Target | 2.50 |
| Upside Target | 2.51 |
| Upside Target | 2.55 |
| Upside Target | 2.70 |
| Upside Target | 2.93 |
Intraday share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Intraday Target | 1.89 |
| Downside Intraday Target | 1.46 |
| Upside Intraday Target | 2.55 |
| Upside Intraday Target | 2.78 |
| Downside Intraday Target | 2.12 |
Weekly technical analysis of Psychemedics Corporation (PMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 2.33 | 1.68 | 2.34 | 1.68 | 10.348 times |
| 09 Fri Aug 2024 | 1.65 | 1.84 | 2.04 | 1.63 | 1.092 times |
| 02 Fri Aug 2024 | 2.00 | 2.14 | 2.45 | 2.00 | 1.721 times |
| 26 Fri Jul 2024 | 2.05 | 2.34 | 2.34 | 2.05 | 1.015 times |
| 19 Fri Jul 2024 | 2.30 | 2.32 | 2.47 | 2.18 | 2.528 times |
Price has moved up 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 |
| 13 Tue Aug 2024 | 2.33 | 2.33 | 2.45 | 1.63 | 6.356 times |
| 31 Wed Jul 2024 | 2.28 | 2.47 | 2.50 | 2.05 | 1.278 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.
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 Strong 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 BUY signal in short term and the buying is gaining 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 2.2 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 neutral. A longer time frame might give a better analysis.
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 Strong 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 BUY signal in short term and the buying is gaining 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 2.2 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.