Technical Analysis for RMED - Ra Medical Systems, Inc.

Grade Last Price % Change Price Change
grade F 0.456 2.47% 0.01
RMED closed up 2.47 percent on Thursday, July 9, 2020, on 45 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical RMED trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 2.47%
Narrow Range Bar Range Contraction 2.47%
Inside Day Range Contraction 2.47%
Wide Bands Range Expansion 2.47%
Down 3 Days in a Row Weakness 2.47%
Oversold Stochastic Weakness 2.47%

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Profile

Ra Medical Systems, Inc., a commercial-stage medical device company, develops, manufactures, and markets excimer lasers for use in the treatment of vascular and dermatological diseases. The company offers DABRA (destruction of arteriosclerotic blockages by laser radiation ablation), a minimally-invasive excimer laser and disposable catheter system that is used by physicians in the endovascular treatment of vascular blockages resulting from lower extremity vascular disease. It also provides Pharos, an excimer laser device that emits highly concentrated ultraviolet light used in the treatment of dermatological skin disorders. The company sells its products primarily through its direct sales force in the United States. Ra Medical Systems, Inc. was founded in 2002 and is headquartered in Carlsbad, California.
Physical Sciences Laser Radiation Catheter Optics Lasers Photonics Light Ablation

Is RMED a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.5
52 Week Low 0.345
Average Volume 4,405,051
200-Day Moving Average 1.22
50-Day Moving Average 0.65
20-Day Moving Average 0.54
10-Day Moving Average 0.48
Average True Range 0.06
ADX 18.88
+DI 16.55
-DI 26.49
Chandelier Exit (Long, 3 ATRs ) 0.49
Chandelier Exit (Short, 3 ATRs ) 0.59
Upper Bollinger Band 0.66
Lower Bollinger Band 0.41
Percent B (%b) 0.18
BandWidth 47.63
MACD Line -0.06
MACD Signal Line -0.06
MACD Histogram -0.0003
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.52
Resistance 3 (R3) 0.52 0.50 0.51
Resistance 2 (R2) 0.50 0.48 0.50 0.51
Resistance 1 (R1) 0.48 0.47 0.49 0.48 0.50
Pivot Point 0.45 0.45 0.46 0.45 0.45
Support 1 (S1) 0.43 0.43 0.44 0.43 0.41
Support 2 (S2) 0.41 0.42 0.41 0.40
Support 3 (S3) 0.39 0.41 0.40
Support 4 (S4) 0.39