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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Biofrontera Inc. (NASDAQ:BFRI)

Bull Market Weakness (+75) - BFRI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BFRI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid BFRI?

MarketClub looks at technical strength and momentum to determine if the timing is right for BFRI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BFRI
Open High Low BFRI Price Change
1.1200 1.5798 1.1100 1.5400 +0.3900
Entry Signal

MarketClub’s Trade Triangles for BFRI

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 2.2501

intermediate term up The intermediate-term trend has been UP since Feb 20th, 2024 at 1.5999

short term up The short-term trend has been UP since Mar 28th, 2024 at 1.2200

Smart Scan Analysis for BFRI

Based on our trend formula, BFRI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BFRI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1200 1.5798 1.1100 1.5400 +0.3900
Prev. Close Volume Bid Ask Time
1.5400 247831 2024-03-28 15:59:25
52wk High13.4852wk High Date2023-04-06
52wk Low0.6152wk Low Date2024-02-08
Average Volume165,462Shares Outstanding5,089
Assets27,932,000MLiabilities23,139,000M
P/E Ratio-15.76670000
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