DERMATA THERAPEUTICS INC (DRMA) Stock Technical Analysis
NASDAQ:DRMA - Nasdaq - US2498454055 - Common Stock
We assign a technical rating of 2 out of 10 to DRMA. DRMA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
97% of all other stocks performed better in the past year than DRMA.
DRMA is one of the lesser performing stocks in the Biotechnology industry. 72% of 572 stocks in the same industry do better.
DRMA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month DRMA has a been trading in the 1.00 - 1.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of DRMA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.04
1.45
5 important resistance areas can be observed.
- Resistance @1.19 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.40 from a trend line in the daily time frame.
- A resistance zone ranging from 1.43 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.87
Mansfield-6.43
10 Day High1.48
10 Day Low1.18
20 Day High1.48
20 Day Low1
52 Week High8.65
52 Week Low1
Performance
1 Week-7.97%
2 Weeks-11.19%
1 Month22.12%
3 Month-14.77%
6 Month-44.05%
12 Month-83.71%
2 Year-98.07%
3 Year-99.76%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)47.92
LBB1.22
UBB1.48
DERMATA THERAPEUTICS INC
NASDAQ:DRMA (1/22/2025, 1:50:09 PM)
1.05
-0.22 (-17.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-17.32%
1 Week-7.97%
2 Weeks-11.19%
1 Month22.12%
3 Month-14.77%
6 Month-44.05%
12 Month-83.71%
2 Year-98.07%
3 Year-99.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.96%
ATR Inc11.66%
Range Today0.2
ADR(20)0.12
ADR(20)%11.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.87
Mansfield-6.43
10 Day High1.48
10 Day Low1.18
20 Day High1.48
20 Day Low1
52 Week High8.65
52 Week Low1
CS1 End1.27
CR1 Start1.34
Volume & EV
DER(3)3.03%
DER(5)-1.12%
Volume502.76K
Volume Incr216.89%
Vol(5)878.82K
Vol(50)420.52K