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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.

NASDAQ_ARNA
Open High Low ARNA Price Change
55.8300 60.0000 54.7101 59.8300 +4.0800
Entry Signal

MarketClub’s Trade Triangles for ARNA

long term up The long-term trend has been UP since May 21st, 2020 at 55.00

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 54.50

short term down 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).

+85
Smart Scan Analysis for ARNA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.8300 60.0000 54.7101 59.8300 +4.0800
Prev. Close Volume Bid Ask Time
42.1200 1341417 2020-05-29 15:59:42
Year High50.05Year High Date2018-06-20
Year Low30Year Low Date2018-03-19
52wk High64.4852wk High Date2019-08-01
52wk Low32.9552wk Low Date2020-03-18
Year End Close9.02Average Volume780,535
Shares Outstanding50,249Short Interest55,142,744
% Institutional44.9Market Cap2,654M
Assets117,412,300MLiabilities102,658,000M
P/E Ratio5.5Beta-0.55
Volatility86.39
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