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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Dermata Therapeutics, Inc. (NASDAQ:DRMA)

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

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.

Open High Low DRMA Price Change
1.45 1.52 1.35 1.42 -0.12
Entry Signal

MarketClub’s Trade Triangles for DRMA

long term down The long-term trend has been DOWN since Nov 19th, 2021 at 3.9405

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2023 at 0.1701

short term up The short-term trend has been UP since Mar 16th, 2023 at 3.8400

Smart Scan Analysis for DRMA

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

Smart Scan Analysis for DRMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.45 1.52 1.35 1.42 -0.12
Prev. Close Volume Bid Ask Time
1.39 964530 2023-03-27 15:58:45
52wk High23.5252wk High Date2022-04-05
52wk Low1.2652wk Low Date2023-03-23
Average Volume2,484,862Shares Outstanding770
P/E Ratio-0.39460000
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