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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Biofrontera Inc. (NASDAQ:BFRI)

Long-Term Downtrend (-90) - BFRI is in a strong downtrend that is likely to continue. While BFRI 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 BFRI?

MarketClub looks at technical strength and momentum to determine if the timing is right for BFRI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BFRI
Open High Low BFRI Price Change
3.300 3.600 3.220 3.570 +0.245
Entry Signal

MarketClub’s Trade Triangles for BFRI

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 2.2501

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2023 at 7.8280

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 3.4800

Smart Scan Analysis for BFRI

Based on our trend formula, BFRI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BFRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.300 3.600 3.220 3.570 +0.245
Prev. Close Volume Bid Ask Time
3.325 16300 2023-12-08 15:58:34
52wk High22.39452wk High Date2023-01-09
52wk Low2.7352wk Low Date2023-10-25
Average Volume12,131Shares Outstanding1,518
Assets34,104,000MLiabilities33,066,000M
P/E Ratio-15.76670000
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