Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

Dermata Therapeutics, Inc. (NASDAQ:DRMA)

Countertrend Down (-85) - DRMA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

NASDAQ_DRMA
Open High Low DRMA Price Change
2.72 2.80 2.51 2.51 -0.21
Entry Signal

MarketClub’s Trade Triangles for DRMA

long term down The long-term trend has been DOWN since Nov 19th, 2021 at 3.9405

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2021 at 4.2101

short term up The short-term trend has been UP since Nov 29th, 2021 at 2.8500

Smart Scan Analysis for DRMA

Based on our trend formula, DRMA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DRMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.72 2.80 2.51 2.51 -0.21
Prev. Close Volume Bid Ask Time
2.72 40102 2021-12-01 14:03:50
52wk High6.9552wk High Date2021-11-03
52wk Low2.2352wk Low Date2021-11-22
Average Volume601,006Shares Outstanding8,329
Assets13,685,787MLiabilities1,195,232M
Get a free daily analysis and signals for Dermata Therapeutics, Inc. (DRMA) - Request Your Free Report.