Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA)
Crossroads (+60) - ARNA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 12th, 2021 at 65.09
The intermediate-term trend has been UP since Oct 12th, 2021 at 62.08
The short-term trend has been UP since Oct 7th, 2021 at 60.75
Smart Scan Analysis for ARNA
Based on our trend formula, ARNA is rated as a +60 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||90.19||52wk High Date||2020-11-04|
|52wk Low||45.5||52wk Low Date||2021-08-19|
|Year End Close||9.02||Average Volume||424,665|
|Shares Outstanding||61,074||Short Interest||55,142,744|
|% Institutional||44.9||Market Cap||2,654M|