Taking everything into account, LFMD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LFMD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
LFMD is part of the Health Care Technology industry. There are 37 other stocks in this industry. LFMD outperforms 94% of them.
LFMD is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LFMD is leading the market.
In the last month LFMD has a been trading in the 5.76 - 11.18 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LFMD has an average volume of 1770770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LFMD is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.