Stock Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Satsuma Pharmaceuticals, Inc. (NASDAQ:STSA)
Crossroads (+60) - STSA 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 STSA?
MarketClub looks at technical strength and momentum to determine if the timing is right for STSA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for STSA
The long-term trend has been UP since Nov 5th, 2019 at 14.40
The intermediate-term trend has been DOWN since Jul 8th, 2020 at 25.35
The short-term trend has been DOWN since Aug 5th, 2020 at 22.25
Smart Scan Analysis for STSA
Based on our trend formula, STSA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||33.48||52wk High Date||2020-02-10|
|52wk Low||8.61||52wk Low Date||2019-10-14|
|Average Volume||49,031||Shares Outstanding||17,389|