Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Arena Pharmaceuticals, Inc (NASDAQ:ARNA)
Countertrend Up (+85) - ARNA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ARNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARNA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARNA
The long-term trend has been UP since May 21st, 2020 at 55.00
The intermediate-term trend has been UP since May 21st, 2020 at 54.50
The short-term trend has been DOWN since May 28th, 2020 at 54.78
Smart Scan Analysis for ARNA
Based on our trend formula, ARNA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||50.05||Year High Date||2018-06-20|
|Year Low||30||Year Low Date||2018-03-19|
|52wk High||64.48||52wk High Date||2019-08-01|
|52wk Low||32.95||52wk Low Date||2020-03-18|
|Year End Close||9.02||Average Volume||780,535|
|Shares Outstanding||50,249||Short Interest||55,142,744|
|% Institutional||44.9||Market Cap||2,654M|