(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 2024-08-21 View latest technical analysis
10 day averaged volume of Psychemedics Corporation is 99682
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 2.28 | 2.27 | 2.28 | 2.26 | 0.376 times |
| 20 Tue Aug 2024 | 2.29 | 2.29 | 2.29 | 2.26 | 0.398 times |
| 19 Mon Aug 2024 | 2.29 | 2.28 | 2.30 | 2.28 | 0.084 times |
| 16 Fri Aug 2024 | 2.29 | 2.27 | 2.30 | 2.27 | 0.825 times |
| 15 Thu Aug 2024 | 2.27 | 2.29 | 2.31 | 2.26 | 1.428 times |
| 14 Wed Aug 2024 | 2.29 | 2.31 | 2.33 | 2.23 | 1.531 times |
| 13 Tue Aug 2024 | 2.33 | 2.27 | 2.34 | 2.19 | 4.759 times |
| 12 Mon Aug 2024 | 1.83 | 1.68 | 1.85 | 1.68 | 0.795 times |
| 09 Fri Aug 2024 | 1.65 | 1.64 | 1.65 | 1.64 | 0.007 times |
| 08 Thu Aug 2024 | 1.64 | 1.88 | 1.88 | 1.63 | 0.116 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2.3 as stoploss in an intra day sell trade for a target of 2.08. However, stock will show a bullish move above 2.3.
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 | 2.23 |
| Upside Target | 2.45 |
| 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 | 2.26 |
| Downside Intraday Target | 2.24 |
| Upside Intraday Target | 2.3 |
| Upside Intraday Target | 2.32 |
| Downside Intraday Target | 2.28 |
Weekly technical analysis of Psychemedics Corporation (PMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 2.28 | 2.28 | 2.30 | 2.26 | 0.092 times |
| 16 Fri Aug 2024 | 2.29 | 1.68 | 2.34 | 1.68 | 17.396 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 |
Price has moved down 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 |
| 21 Wed Aug 2024 | 2.28 | 2.33 | 2.45 | 1.63 | 10.974 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 down 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 2.26 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 2.26 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 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.