Psyence Biomedical Ltd is a CA-based company operating in Biotechnology industry. The company is headquartered in Toronto, Ontario and currently employs 12 full-time employees. The company went IPO on 2021-12-10. Psyence Biomedical Ltd is a multi-asset, vertically integrated biopharmaceutical company specializing in psychedelic-based therapeutics. The firm is focused on developing nature-derived (non-synthetic) psilocybin-based psychedelic medicine. The company is dedicated to addressing unmet mental health needs, particularly in palliative care. Its ongoing Phase IIb psilocybin clinical trial in Australia focuses on adjustment disorder in patients diagnosed with cancer.
PBM stock price ended at $5.59 on Friday, after dropping 7.14%
On the latest trading day May 08, 2026, the stock price of PBM fell by 7.14%, dropping from $5.90 to $5.59. During the session, the stock saw a volatility of 10.72%, with prices oscillating between a daily low of $5.41 and a high of $5.99. On the latest trading day, the trading volume for PBM rose by 27.0K shares, despite the declining prices. This uptick in volume may signal heightened risk in the near term. In total, 134.6K shares were traded, with a market value of approximately $12.8M.
PBM Technical Signals
Technical Signals Summary
Buy Signals 3
Neutral Signals 1
Sell Signals 3
Strong Sell
Sell
Neutral
Buy
Strong Buy
PBM currently exhibits 3 buy signals and 3 sell signals. The stock has been in an downtrend since 12:00 AM, with a total price change of -7.14% during this period. Overall, the technical indicators point to a Neutral outlook for the mid-term.
Bullish/Bearish Signals for PBM
Our algorithms analyze key indicators like moving averages, RSI, MACD, and trading volume to generate bullish and bearish signals for PBM. These insights help you make informed investment decisions.
Follow-Up Questions
How do technical analysis indicators apply to PBM?
According to technical analysis, Psyence Biomedical Ltd has an aggregate signal of Neutral. Psyence Biomedical Ltd has 3 Buy signals, 1 Neutral Signals and 3 sell signals.
What are the Fibonacci retracement levels for PBM?
The Fibonacci retracement level for Psyence Biomedical Ltd is above the 0% level
What is the RSI for Psyence Biomedical Ltd?
The RSI for Psyence Biomedical Ltd is currently 42.81, indicating a neutral condition
What is Psyence Biomedical Ltd price for the next 12 months?
Psyence Biomedical Ltd PBM price for the next 12 months is estimated at $0.
How high is Psyence Biomedical Ltd expected to go?
According to wall street analysts, Psyence Biomedical Ltd is expected to reach a high forecast of $0.