Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Dermata Therapeutics, Inc. (NASDAQ:DRMA)

Weak Downtrend (-65) - DRMA is showing signs of a strengthening downtrend. Monitor DRMA as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DRMA?

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

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

NASDAQ_DRMA
Open High Low DRMA Price Change
1.300 1.335 1.230 1.280 +0.010
Entry Signal

MarketClub’s Trade Triangles for DRMA

long term down The long-term trend has been DOWN since Dec 22nd, 2021 at 482.4000

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 1.4200

short term up The short-term trend has been UP since Nov 20th, 2024 at 1.2051

Smart Scan Analysis for DRMA

Based on our trend formula, DRMA is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DRMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.300 1.335 1.230 1.280 +0.010
Prev. Close Volume Bid Ask Time
1.270 103183 2024-12-03 11:48:00
52wk High13.3552wk High Date2024-01-05
52wk Low1.050152wk Low Date2024-11-18
Average Volume89,933Shares Outstanding2,041
Assets6,687,344MLiabilities1,946,116M
P/E Ratio-0.39460000
Get a free daily analysis and signals for Dermata Therapeutics, Inc. (DRMA) - Request Your Free Report.