Stock Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE)
Sidelines Mode (-55) - ZYNE 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 ZYNE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZYNE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZYNE
The long-term trend has been DOWN since Aug 17th, 2021 at 3.91
The intermediate-term trend has been UP since Jun 9th, 2022 at 1.04
The short-term trend has been DOWN since Jun 30th, 2022 at 1.13
Smart Scan Analysis for ZYNE
Based on our trend formula, ZYNE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||14.45||Year High Date||2018-01-03|
|Year Low||4.5||Year Low Date||2018-11-28|
|52wk High||5.3419||52wk High Date||2021-07-02|
|52wk Low||0.8361||52wk Low Date||2022-05-13|
|Average Volume||947,596||Shares Outstanding||43,596|