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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 2024-09-16 View latest technical analysis

10 day averaged volume of Psychemedics Corporation is 43380

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	2.32	2.32	2.33	2.31	0.27 times
13 Fri Sep 2024	2.33	2.32	2.33	2.32	0.634 times
12 Thu Sep 2024	2.32	2.30	2.32	2.30	0.876 times
11 Wed Sep 2024	2.28	2.28	2.28	2.27	0.652 times
10 Tue Sep 2024	2.28	2.29	2.30	2.27	0.957 times
09 Mon Sep 2024	2.29	2.28	2.30	2.28	0.751 times
06 Fri Sep 2024	2.28	2.29	2.29	2.27	0.673 times
05 Thu Sep 2024	2.30	2.28	2.31	2.28	0.922 times
04 Wed Sep 2024	2.27	2.28	2.30	2.27	2.351 times
03 Tue Sep 2024	2.30	2.30	2.31	2.28	0.237 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.3, for a target of 2.3 or 2.29

Share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Target	1.63
Downside Target	2.05
Downside Target	2.23
Upside Target	2.33
Upside Target	2.36
Upside Target	2.45
Upside Target	2.50
Upside Target	2.55
Upside Target	2.70

Intraday share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Intraday Target	2.31
Downside Intraday Target	2.3
Upside Intraday Target	2.33
Upside Intraday Target	2.34
Upside Intraday Target	2.32

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	2.32	2.32	2.33	2.31	0.07 times
13 Fri Sep 2024	2.33	2.28	2.33	2.27	0.925 times
06 Fri Sep 2024	2.28	2.30	2.31	2.27	2.15 times
30 Fri Aug 2024	2.30	2.31	2.31	2.29	0.392 times
30 Fri Aug 2024	2.30	2.28	2.31	2.28	2.217 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
16 Mon Sep 2024	2.32	2.30	2.33	2.27	0.256 times
30 Fri Aug 2024	2.30	2.33	2.45	1.63	14.076 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 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 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 and the buy signal is strong.

Psychemedics Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 2.29 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.