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Stock Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Biofrontera Inc. (NASDAQ:BFRI)

Strong Downtrend (-100) - BFRI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BFRI continues to fall. 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
1.180000 1.230000 0.870000 0.959999 -0.200001
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 2nd, 2024 at 1.0600

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 1.1911

Smart Scan Analysis for BFRI

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

-100
Smart Scan Analysis for BFRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.180000 1.230000 0.870000 0.959999 -0.200001
Prev. Close Volume Bid Ask Time
0.960000 1802056 2024-10-04 15:59:26
52wk High8.9952wk High Date2023-10-09
52wk Low0.6152wk Low Date2024-02-08
Average Volume471,648Shares Outstanding5,544
Assets21,574,000MLiabilities10,663,000M
P/E Ratio-15.76670000
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