Stock Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
Spruce Biosciences, Inc. (NASDAQ:SPRB)
Long-Term Downtrend (-90) - SPRB is in a strong downtrend that is likely to continue. While SPRB 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 SPRB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPRB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPRB
The long-term trend has been DOWN since Mar 4th, 2021 at 18.60
The intermediate-term trend has been DOWN since Jan 14th, 2022 at 3.22
The short-term trend has been DOWN since Jan 13th, 2022 at 3.54
Smart Scan Analysis for SPRB
Based on our trend formula, SPRB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.49||52wk High Date||2021-03-15|
|52wk Low||2.25||52wk Low Date||2021-12-06|
|Average Volume||11,252,672||Shares Outstanding||23,463|