Stock Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA)
Crossroads (+60) - ARNA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARNA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARNA
The long-term trend has been DOWN since Apr 12th, 2021 at 65.090
The intermediate-term trend has been UP since Sep 1st, 2021 at 55.059
The short-term trend has been UP since Sep 16th, 2021 at 59.880
Smart Scan Analysis for ARNA
Based on our trend formula, ARNA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||50.05||Year High Date||2018-06-20|
|Year Low||30||Year Low Date||2018-03-19|
|52wk High||90.19||52wk High Date||2020-11-04|
|52wk Low||45.5||52wk Low Date||2021-08-19|
|Year End Close||9.02||Average Volume||581,572|
|Shares Outstanding||61,074||Short Interest||55,142,744|
|% Institutional||44.9||Market Cap||2,654M|