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Stock Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

Dermata Therapeutics, Inc. (NASDAQ:DRMA)

Crossroads (+60) - DRMA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.7800 0.7800 0.7340 0.7501 +0.0001
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 Nov 16th, 2023 at 0.9570

short term up The short-term trend has been UP since Nov 30th, 2023 at 0.7299

Smart Scan Analysis for DRMA

Based on our trend formula, DRMA is rated as a +60 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
0.7800 0.7800 0.7340 0.7501 +0.0001
Prev. Close Volume Bid Ask Time
0.7501 61136 2023-12-05 15:50:31
52wk High8.6452wk High Date2022-12-30
52wk Low0.561452wk Low Date2023-11-13
Average Volume614,209Shares Outstanding3,189
P/E Ratio-0.39460000
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