Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
NeuroBo Pharmaceuticals, Inc. (NASDAQ:NRBO)
Sidelines Mode (-55) - NRBO 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 NRBO?
MarketClub looks at technical strength and momentum to determine if the timing is right for NRBO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NRBO
The long-term trend has been DOWN since May 12th, 2023 at 0.5616
The intermediate-term trend has been DOWN since Oct 9th, 2023 at 0.4302
The short-term trend has been UP since Nov 24th, 2023 at 0.4400
Smart Scan Analysis for NRBO
Based on our trend formula, NRBO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.33||52wk High Date||2022-12-09|
|52wk Low||0.3611||52wk Low Date||2023-06-27|
|Average Volume||43,700||Shares Outstanding||38,813|