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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Spruce Biosciences, Inc. (NASDAQ:SPRB)
Bull Market Weakness (+75) - SPRB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPRB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPRB.
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 SPRB
The long-term trend has been DOWN since Mar 14th, 2024 at 1.4400
The intermediate-term trend has been UP since May 7th, 2024 at 0.7572
The short-term trend has been UP since Apr 23rd, 2024 at 0.7160
Smart Scan Analysis for SPRB
Based on our trend formula, SPRB is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7850 | 0.8409 | 0.7835 | 0.8409 | +0.0414 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8455 | 694682 | 2024-05-08 15:59:22 |
| 52wk High | 5.95 | 52wk High Date | 2024-03-08 |
| 52wk Low | 0.6711 | 52wk Low Date | 2024-04-22 |
| Average Volume | 544,126 | Shares Outstanding | 41,149 |
| Assets | 103,946,000M | Liabilities | 27,437,000M |
| P/E Ratio | 0.0873 |