(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 2024-08-02 View latest technical analysis
10 day averaged volume of Psychemedics Corporation is 5627
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 2.00 | 2.24 | 2.24 | 2.00 | 5.069 times |
| 01 Thu Aug 2024 | 2.27 | 2.33 | 2.45 | 2.27 | 0.231 times |
| 31 Wed Jul 2024 | 2.28 | 2.24 | 2.28 | 2.24 | 0.28 times |
| 30 Tue Jul 2024 | 2.15 | 2.19 | 2.19 | 2.15 | 2.364 times |
| 29 Mon Jul 2024 | 2.20 | 2.14 | 2.25 | 2.14 | 0.764 times |
| 26 Fri Jul 2024 | 2.05 | 2.17 | 2.17 | 2.05 | 0.729 times |
| 25 Thu Jul 2024 | 2.17 | 2.21 | 2.25 | 2.16 | 1.457 times |
| 24 Wed Jul 2024 | 2.24 | 2.25 | 2.28 | 2.16 | 1.493 times |
| 23 Tue Jul 2024 | 2.27 | 2.30 | 2.30 | 2.25 | 1.013 times |
| 22 Mon Jul 2024 | 2.33 | 2.34 | 2.34 | 2.31 | 0.368 times |
Stock of Psychemedics Corporation (PMD) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2, for a target of 2.2 or 2.28
Share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Target | 2.00 |
| Upside Target | 2.05 |
| Upside Target | 2.18 |
| Upside Target | 2.23 |
| Upside Target | 2.32 |
| Upside Target | 2.45 |
| Upside Target | 2.48 |
| Upside Target | 2.50 |
| Upside Target | 2.51 |
| Upside Target | 2.55 |
| Upside Target | 2.70 |
| Upside Target | 2.93 |
Intraday share price targets for Psychemedics Corporation (PMD)
| Target Type | Value |
| Downside Intraday Target | 1.85 |
| Downside Intraday Target | 1.7 |
| Upside Intraday Target | 2.3 |
| Upside Intraday Target | 2.6 |
| Upside Intraday Target | 2.15 |
Weekly technical analysis of Psychemedics Corporation (PMD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 2.00 | 2.14 | 2.45 | 2.00 | 1.721 times |
| 26 Fri Jul 2024 | 2.05 | 2.34 | 2.34 | 2.05 | 1.015 times |
| 19 Fri Jul 2024 | 2.30 | 2.32 | 2.47 | 2.18 | 2.528 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 |
Price has moved down 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 |
| 02 Fri Aug 2024 | 2.00 | 2.33 | 2.45 | 2.00 | 0.298 times |
| 31 Wed Jul 2024 | 2.28 | 2.47 | 2.50 | 2.05 | 1.278 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.
MACD generated a SELL signal for Psychemedics Corporation in short term and the sell 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Psychemedics Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.12 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Psychemedics Corporation ( (PMD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.
MACD generated a SELL signal for Psychemedics Corporation in short term and the sell 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Psychemedics Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.12 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.