(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 2024-06-05 View latest technical analysis
10 day averaged volume of Psychemedics Corporation is 8277
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 2.37 | 2.31 | 2.41 | 2.30 | 0.483 times |
| 04 Tue Jun 2024 | 2.32 | 2.36 | 2.37 | 2.23 | 0.991 times |
| 03 Mon Jun 2024 | 2.38 | 2.43 | 2.44 | 2.30 | 1.099 times |
| 31 Fri May 2024 | 2.40 | 2.48 | 2.48 | 2.36 | 1.945 times |
| 30 Thu May 2024 | 2.50 | 2.53 | 2.57 | 2.47 | 0.507 times |
| 29 Wed May 2024 | 2.53 | 2.56 | 2.60 | 2.53 | 1.933 times |
| 28 Tue May 2024 | 2.59 | 2.52 | 2.59 | 2.51 | 0.725 times |
| 23 Thu May 2024 | 2.69 | 2.52 | 2.69 | 2.47 | 1.039 times |
| 22 Wed May 2024 | 2.58 | 2.63 | 2.67 | 2.58 | 1.389 times |
| 21 Tue May 2024 | 2.62 | 2.62 | 2.62 | 2.59 | 0.278 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.3 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.53 as target.
Share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Target | 2.23 |
| Downside Target | 2.36 |
| Upside Target | 2.44 |
| Upside Target | 2.60 |
| Upside Target | 2.68 |
| Upside Target | 2.69 |
| Upside Target | 2.70 |
| Upside Target | 2.85 |
| Upside Target | 2.86 |
| Upside Target | 2.93 |
| Upside Target | 3.29 |
| Upside Target | 3.44 |
Intraday share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Intraday Target | 2.25 |
| Downside Intraday Target | 2.14 |
| Upside Intraday Target | 2.46 |
| Upside Intraday Target | 2.56 |
| Downside Intraday Target | 2.35 |
Weekly technical analysis of Psychemedics Corporation (PMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 2.37 | 2.43 | 2.44 | 2.23 | 0.504 times |
| 31 Fri May 2024 | 2.40 | 2.52 | 2.60 | 2.36 | 1.826 times |
| 23 Thu May 2024 | 2.69 | 2.58 | 2.69 | 2.47 | 1.131 times |
| 17 Fri May 2024 | 2.58 | 2.53 | 2.68 | 2.53 | 0.638 times |
| 10 Fri May 2024 | 2.55 | 2.55 | 2.65 | 2.53 | 1.211 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 |
| 05 Wed Jun 2024 | 2.37 | 2.43 | 2.44 | 2.23 | 0.172 times |
| 31 Fri May 2024 | 2.40 | 2.70 | 2.70 | 2.36 | 0.96 times |
| 30 Tue Apr 2024 | 2.59 | 2.93 | 2.93 | 2.51 | 0.501 times |
| 28 Thu Mar 2024 | 2.93 | 3.16 | 3.29 | 2.86 | 1.494 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 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 short 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 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 SELL signal for Psychemedics Corporation in short term and the sell signal is strong.
Psychemedics Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 2.49 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.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short 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 short 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 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 SELL signal for Psychemedics Corporation in short term and the sell signal is strong.
Psychemedics Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 2.49 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.