Red List

RLMDRelmada Therapeutics, Inc.

Healthcare · Biotechnology · small-cap ($652M)
-37.5%
from rolling 252-day high of $8.00 set 2026-05-06 · 77d ago
Current
$5.00
Decline depth
-37.5%
Decline σ
7.1σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$RLMD landed on the list 2026-06-04, down 21.1% from its 52-week high that day — now down -37.5%.

That's 14.1 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-06-04 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

RLMD qualifies for the Red List on decline depth.

Decline depth
-37.5%
From rolling 252-day high of $8.00, 77d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.1σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (4.25% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about RLMD.

RLMD qualifies for the Red List on decline depth — down -37.5% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: decline sigma also reads 7.1σ over 20 bars.

Earnings on file: 2026-05-12. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $0.55 59.7% of range 52W high $8.00

Sector context · Healthcare

157 other Healthcare tickers are on Broken Stocks.

71 Red List
39 Amber
47 Watch
-34.9% Median decline

Worst in sector: KRRO (-79.1%). Least-bad: TBPH (-20.1%). See all Healthcare listings →

Questions about RLMD

What people ask.

Why is RLMD on Broken Stocks?

RLMD qualifies for the Red List on decline depth. It is down -37.5% from its rolling 252-day high of $8.00, set on 2026-05-06 — 77d ago.

Is RLMD a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. RLMD is down -37.5% from its 52-week high of $8.00, set 77d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is RLMD a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is RLMD trading inside its 52-week range?

At $5.00, RLMD sits 59.7% of the way from its 52-week low ($0.55) to its 52-week high ($8.00). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has RLMD been declining?

The current 37.5% decline accrued over 77d, which annualizes to roughly -177.8% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does RLMD compare to its sector?

There are 157 other Healthcare tickers on Broken Stocks: 71 Red, 39 Amber, 47 Watch, with 22 showing recovering structural signals. Median sector decline is -34.9% — RLMD's decline is deeper than the sector median.

Does RLMD's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-12) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.