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Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
DURECT Corporation (NASDAQ:DRRX)
Long-Term Downtrend (-90) - DRRX is in a strong downtrend that is likely to continue. While DRRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DRRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DRRX
The long-term trend has been DOWN since Apr 7th, 2021 at 1.830
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 1.205
The short-term trend has been DOWN since Oct 15th, 2021 at 1.210
Smart Scan Analysis for DRRX
Based on our trend formula, DRRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.15 | 1.16 | 1.13 | 1.15 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.14 | 75123 | 2021-10-19 11:50:00 |
| Year High | 2.55 | Year High Date | 2018-04-10 |
| Year Low | 0.79 | Year Low Date | 2018-11-27 |
| 52wk High | 2.947 | 52wk High Date | 2021-02-03 |
| 52wk Low | 1.1 | 52wk Low Date | 2021-10-18 |
| Year End Close | 0.92 | Average Volume | 473,864 |
| Shares Outstanding | 227,496 | Short Interest | 60,379 |
| % Institutional | 54.1 | Market Cap | 330M |
| Assets | 106,267,000M | Liabilities | 32,804,000M |
| Beta | 1.31 | Volatility | 72.88 |