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Stock Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Biofrontera Inc. (NASDAQ:BFRI)

Bear Market Rally (-75) - BFRI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BFRI as it may be in the beginning of a reversal.

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
0.5831 0.6000 0.5852 0.5998 +0.0098
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 Jan 31st, 2023 at 0.8500

short term up The short-term trend has been UP since Mar 27th, 2023 at 0.6399

Smart Scan Analysis for BFRI

Based on our trend formula, BFRI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BFRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5831 0.6000 0.5852 0.5998 +0.0098
Prev. Close Volume Bid Ask Time
0.5900 19170 2023-03-30 15:58:01
52wk High6.1252wk High Date2022-04-13
52wk Low0.5552wk Low Date2023-03-13
Average Volume100,430Shares Outstanding26,699
Assets50,884,000MLiabilities27,006,000M
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