Stock Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
First Wave BioPharma, Inc. (NASDAQ:FWBI)
Strong Downtrend (-100) - FWBI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FWBI continues to fall. Traders should use caution and set stops.
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 3.420000
The intermediate-term trend has been DOWN since Jun 30th, 2022 at 0.281000
The short-term trend has been DOWN since Jun 30th, 2022 at 0.286101
Smart Scan Analysis for FWBI
Based on our trend formula, FWBI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.569||52wk High Date||2021-08-18|
|52wk Low||0.1902||52wk Low Date||2022-07-01|
|Average Volume||1,165,482||Shares Outstanding||21,635|