Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
First Wave BioPharma, Inc. (NASDAQ:FWBI)
Bear Market Rally (-75) - FWBI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FWBI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FWBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for FWBI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FWBI
The long-term trend has been DOWN since Sep 24th, 2021 at 3.42
The intermediate-term trend has been DOWN since Sep 24th, 2021 at 3.42
The short-term trend has been UP since Oct 20th, 2021 at 2.94
Smart Scan Analysis for FWBI
Based on our trend formula, FWBI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.3||52wk High Date||2021-01-22|
|52wk Low||2.61||52wk Low Date||2021-10-07|
|Average Volume||376,459||Shares Outstanding||9,326|