Amarin Corp Plc (AMRN)

[ORBAPU]

MarketEdge today:

As of 01/25/2024 - Stock is a Buy.

On 01/25/2024, The stock has outperformed the market over the last 50 trading days when compared to the S&P 500. The MACD-LT is confirming that the intermediate-term trend is bullish. Upside momentum, as measured by the 9-day RSI indicator is very strong. Over the last 50 trading sessions, there has been more volume on up days than on down days, indicating that AMRN is under accumulation, which is a bullish condition. The stock is trading above a rising 50-day moving average. This validates the strong technical condition for AMRN. The stock is above its 200-day moving average but the 200-day is pointed down indicating that the intermediate-term trend is still in question.