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Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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
0.5129 0.5295 0.4811 0.5000 -0.0130
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 up The intermediate-term trend has been UP since Jun 30th, 2022 at 0.9000

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 0.5050

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
0.5129 0.5295 0.4811 0.5000 -0.0130
Prev. Close Volume Bid Ask Time
0.5130 634881 2022-07-05 11:30:45
52wk High6.9552wk High Date2021-11-03
52wk Low0.43552wk Low Date2022-06-16
Average Volume1,740,858Shares Outstanding9,227
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