Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
SCYNEXIS, Inc. (NASDAQ:SCYX)
Long-Term Downtrend (-90) - SCYX is in a strong downtrend that is likely to continue. While SCYX 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 SCYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SCYX
The long-term trend has been DOWN since Nov 2nd, 2022 at 2.22
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 1.46
The short-term trend has been DOWN since Mar 9th, 2023 at 1.64
Smart Scan Analysis for SCYX
Based on our trend formula, SCYX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.45||Year High Date||2018-01-04|
|Year Low||0.74||Year Low Date||2018-11-21|
|52wk High||5.1475||52wk High Date||2022-03-23|
|52wk Low||1.15||52wk Low Date||2023-03-17|
|Average Volume||120,498||Shares Outstanding||32,657|