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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 2024-10-30 View latest technical analysis

10 day averaged volume of Psychemedics Corporation is 20950

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	2.31	2.32	2.32	2.31	0.95 times
29 Tue Oct 2024	2.32	2.31	2.32	2.31	0.263 times
28 Mon Oct 2024	2.32	2.34	2.34	2.31	2.683 times
25 Fri Oct 2024	2.33	2.32	2.34	2.31	2.167 times
24 Thu Oct 2024	2.31	2.31	2.32	2.31	0.143 times
23 Wed Oct 2024	2.31	2.31	2.33	2.31	1.27 times
22 Tue Oct 2024	2.33	2.32	2.33	2.32	0.916 times
21 Mon Oct 2024	2.32	2.33	2.33	2.31	0.659 times
18 Fri Oct 2024	2.32	2.33	2.33	2.31	1.37 times
17 Thu Oct 2024	2.31	2.32	2.32	2.31	0.449 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.3 or till 2.3. Use a stoploss of 2.32 and if the stock hits stoploss, then it can shoot up till 2.33

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	2.34
Upside Target	2.35
Upside Target	2.45
Upside Target	2.50
Upside Target	2.55

Intraday share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Intraday Target	2.3
Downside Intraday Target	2.29
Upside Intraday Target	2.33
Upside Intraday Target	2.35
Upside Intraday Target	2.32

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	2.31	2.34	2.34	2.31	0.756 times
25 Fri Oct 2024	2.33	2.33	2.34	2.31	1.644 times
18 Fri Oct 2024	2.32	2.32	2.33	2.31	1.82 times
11 Fri Oct 2024	2.32	2.31	2.32	2.31	0.281 times
04 Fri Oct 2024	2.31	2.31	2.33	2.29	0.955 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
30 Wed Oct 2024	2.31	2.29	2.34	2.29	0.497 times
30 Mon Sep 2024	2.31	2.30	2.35	2.27	0.506 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

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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Psychemedics Corporation ( (PMD) ) based on a mid to longer 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.

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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 but selling is losing 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 2.32 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.