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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

First Wave BioPharma, Inc. (NASDAQ:FWBI)

Sidelines Mode (-55) - FWBI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low FWBI Price Change
2.93 3.05 2.83 3.05 +0.22
Entry Signal

MarketClub’s Trade Triangles for FWBI

long term down The long-term trend has been DOWN since Sep 24th, 2021 at 3.4200

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 4.9616

short term up The short-term trend has been UP since May 9th, 2024 at 2.8300

Smart Scan Analysis for FWBI

Based on our trend formula, FWBI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for FWBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.93 3.05 2.83 3.05 +0.22
Prev. Close Volume Bid Ask Time
2.96 56051 2024-05-16 15:59:54
52wk High59.99852wk High Date2023-06-13
52wk Low2.333552wk Low Date2024-05-06
Average Volume47,859Shares Outstanding675
P/E Ratio0.0036
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