Technical Analysis for DRMA - Dermata Therapeutics, Inc.

Grade Last Price % Change Price Change
F 1.16 7.41% 0.08
DRMA closed up 7.41 percent on Wednesday, November 20, 2024, on 83 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Stochastic Buy Signal Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 7.41%
NR7-2 Range Contraction 7.41%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 21 hours ago
20 DMA Resistance about 21 hours ago
2x Volume Pace about 21 hours ago
1.5x Volume Pace about 21 hours ago
Possible Pocket Pivot about 21 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Dermata Therapeutics, Inc., a clinical-stage biotechnology company, focuses on the treatment of medical and aesthetic skin conditions. Its lead product candidate is DMT310, a once-weekly topical product that is under clinical development for the treatment of acne vulgaris, psoriasis vulgaris, and papulopustular rosacea. The company was founded in 2014 and is headquartered in San Diego, California.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biotechnology Organ Systems Dermatology Psoriasis Acne Rosacea Skin Acne Vulgaris

Is DRMA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.2195
52 Week Low 1.0501
Average Volume 658,684
200-Day Moving Average 3.41
50-Day Moving Average 1.45
20-Day Moving Average 1.28
10-Day Moving Average 1.22
Average True Range 0.14
RSI (14) 40.12
ADX 11.67
+DI 31.64
-DI 19.03
Chandelier Exit (Long, 3 ATRs) 1.19
Chandelier Exit (Short, 3 ATRs) 1.48
Upper Bollinger Bands 1.51
Lower Bollinger Band 1.05
Percent B (%b) 0.23
BandWidth 35.95
MACD Line -0.09
MACD Signal Line -0.08
MACD Histogram -0.0131
Fundamentals Value
Market Cap 4.11 Million
Num Shares 3.54 Million
EPS -4.42
Price-to-Earnings (P/E) Ratio -0.26
Price-to-Sales 0.00
Price-to-Book 0.24
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.73
Resistance 3 (R3) 1.76 1.61 1.64
Resistance 2 (R2) 1.61 1.46 1.59 1.60
Resistance 1 (R1) 1.38 1.37 1.50 1.35 1.57
Pivot Point 1.23 1.23 1.28 1.21 1.23
Support 1 (S1) 1.00 1.08 1.12 0.97 0.75
Support 2 (S2) 0.85 0.99 0.83 0.72
Support 3 (S3) 0.62 0.85 0.69
Support 4 (S4) 0.59