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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.

10 day averaged volume of Psychemedics Corporation is 22150

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	2.34	2.32	2.35	2.32	1.205 times
19 Tue Nov 2024	2.34	2.32	2.34	2.32	0.42 times
18 Mon Nov 2024	2.33	2.33	2.35	2.33	1.056 times
15 Fri Nov 2024	2.34	2.32	2.34	2.32	0.582 times
14 Thu Nov 2024	2.36	2.32	2.36	2.32	2.528 times
13 Wed Nov 2024	2.35	2.32	2.35	2.32	1.616 times
12 Tue Nov 2024	2.34	2.32	2.34	2.32	0.424 times
11 Mon Nov 2024	2.33	2.34	2.35	2.33	0.451 times
08 Fri Nov 2024	2.34	2.35	2.35	2.34	0.817 times
07 Thu Nov 2024	2.34	2.35	2.35	2.33	1.025 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	2.31
Upside Intraday Target	2.35
Upside Intraday Target	2.37
Downside Intraday Target	2.34

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	2.34	2.33	2.35	2.32	0.479 times
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

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
20 Wed Nov 2024	2.34	2.31	2.36	2.31	1.038 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 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 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 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Psychemedics Corporation in short term but BUY signal is weak.

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 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 positive

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