Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
SCYNEXIS, Inc. (NASDAQ:SCYX)
Bear Market Rally (-75) - SCYX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SCYX as it may be in the beginning of a reversal.
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 Sep 25th, 2023 at 2.3403
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 3.0700
The short-term trend has been DOWN since Dec 7th, 2023 at 1.6800
Smart Scan Analysis for SCYX
Based on our trend formula, SCYX is rated as a -80 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||3.87||52wk High Date||2023-09-05|
|52wk Low||1.15||52wk Low Date||2023-03-20|
|Average Volume||235,158||Shares Outstanding||37,208|