Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-17 View latest technical analysis

10 day averaged volume of Psychemedics Corporation is 2919

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	2.41	2.30	2.47	2.30	1.23 times
16 Tue Jul 2024	2.30	2.27	2.31	2.21	4.419 times
15 Mon Jul 2024	2.32	2.32	2.35	2.32	0.27 times
12 Fri Jul 2024	2.37	2.36	2.37	2.32	0.548 times
11 Thu Jul 2024	2.33	2.40	2.40	2.33	0.582 times
10 Wed Jul 2024	2.43	2.44	2.50	2.42	1.336 times
09 Tue Jul 2024	2.45	2.40	2.45	2.40	0.48 times
08 Mon Jul 2024	2.40	2.48	2.50	2.40	0.856 times
05 Fri Jul 2024	2.43	2.33	2.48	2.33	0.754 times
03 Wed Jul 2024	2.33	2.34	2.34	2.33	0.377 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.4, but if it comes below 2.4, then a intra day sell could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.37 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.5 as target.

Share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Target	2.21
Downside Target	2.29
Upside Target	2.47
Upside Target	2.50
Upside Target	2.51
Upside Target	2.55
Upside Target	2.70
Upside Target	2.86
Upside Target	2.93
Upside Target	3.29

Intraday share price targets for Psychemedics Corporation (PMD)

Target Type	Value
Downside Intraday Target	2.26
Downside Intraday Target	2.1
Upside Intraday Target	2.52
Upside Intraday Target	2.62
Downside Intraday Target	2.36

Weekly technical analysis of Psychemedics Corporation (PMD)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	2.41	2.32	2.47	2.21	1.557 times
12 Fri Jul 2024	2.37	2.48	2.50	2.32	3.364 times
05 Fri Jul 2024	2.43	2.34	2.48	2.33	0.327 times
03 Wed Jul 2024	2.33	2.47	2.50	2.33	0.377 times
28 Fri Jun 2024	2.42	2.35	2.55	2.29	5.36 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Psychemedics Corporation (PMD)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	2.41	2.47	2.50	2.21	0.533 times
28 Fri Jun 2024	2.42	2.43	2.55	2.23	0.632 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

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Psychemedics Corporation in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Psychemedics Corporation in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 2.36 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 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.