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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 2024-11-15 View latest technical analysis

10 day averaged volume of Psychemedics Corporation is 29730

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Nov 2024	2.34	2.32	2.34	2.32	0.434 times
14 Thu Nov 2024	2.36	2.32	2.36	2.32	1.884 times
13 Wed Nov 2024	2.35	2.32	2.35	2.32	1.204 times
12 Tue Nov 2024	2.34	2.32	2.34	2.32	0.316 times
11 Mon Nov 2024	2.33	2.34	2.35	2.33	0.336 times
08 Fri Nov 2024	2.34	2.35	2.35	2.34	0.609 times
07 Thu Nov 2024	2.34	2.35	2.35	2.33	0.764 times
06 Wed Nov 2024	2.35	2.35	2.35	2.32	0.804 times
05 Tue Nov 2024	2.34	2.33	2.35	2.32	1.436 times
04 Mon Nov 2024	2.32	2.34	2.34	2.32	0.457 times

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 2.33 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.4 as target.

Share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Target	1.63
Downside Target	2.05
Downside Target	2.27
Downside Target	2.34
Upside Target	2.35
Upside Target	2.36
Upside Target	2.45
Upside Target	2.50

Intraday share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Intraday Target	2.32
Downside Intraday Target	2.3
Upside Intraday Target	2.36
Upside Intraday Target	2.38
Downside Intraday Target	2.34

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Nov 2024	2.34	2.34	2.36	2.32	1.026 times
08 Fri Nov 2024	2.34	2.34	2.35	2.32	0.816 times
01 Fri Nov 2024	2.32	2.34	2.34	2.31	1.372 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

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
15 Fri Nov 2024	2.34	2.31	2.36	2.31	0.872 times
31 Thu Oct 2024	2.33	2.29	2.34	2.29	0.499 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

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 to mid 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.

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

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