Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Dermata Therapeutics, Inc. (NASDAQ:DRMA)
Countertrend Down (-85) - DRMA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for DRMA
The long-term trend has been DOWN since Sep 10th, 2021 at 4.50
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 4.50
The short-term trend has been UP since Oct 13th, 2021 at 4.52
Smart Scan Analysis for DRMA
Based on our trend formula, DRMA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.5||52wk High Date||2021-08-30|
|52wk Low||3.9405||52wk Low Date||2021-09-29|
|Average Volume||362,104||Shares Outstanding||8,329|