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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Journey Medical Corporation (NASDAQ:DERM)
Long-Term Downtrend (-90) - DERM is in a strong downtrend that is likely to continue. While DERM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DERM?
MarketClub looks at technical strength and momentum to determine if the timing is right for DERM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DERM
The long-term trend has been DOWN since Mar 6th, 2024 at 3.44
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 3.31
The short-term trend has been DOWN since May 7th, 2024 at 3.40
Smart Scan Analysis for DERM
Based on our trend formula, DERM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.4200 | 3.7000 | 3.4200 | 3.6101 | +0.1701 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.4400 | 21770 | 2024-05-08 13:40:41 |
| 52wk High | 8.11 | 52wk High Date | 2023-12-20 |
| 52wk Low | 1.02 | 52wk Low Date | 2023-05-18 |
| Average Volume | 107,702 | Shares Outstanding | 12,508 |
| Assets | 76,849,000M | Liabilities | 56,499,000M |