We assign a technical rating of 0 out of 10 to DRMA. DRMA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DRMA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
2.23
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DRMA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRMA is neutral. |
| ChartMill Relative Strength | 2.94 | NEGATIVE | DRMA has a low relative strength, it was outperformed by 97.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRMA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRMA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRMA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.89 | NEUTRAL | The RSI value for DRMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRMA has a positive trend. |
| Stochastics (14,3) | 54.46 | NEUTRAL | The Stochastics value for DRMA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.29 | HIGH VOLATILITY | The high ATR as a percentage value for DRMA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for DRMA suggests a weak or negative trend. |
2.25
+0.05 (+2.27%)
ChartMill assigns a technical rating of 0 / 10 to DRMA.
The current trend direction for DERMATA THERAPEUTICS INC (DRMA) is Bearish.
DERMATA THERAPEUTICS INC (DRMA) has an RSI value of 47.8911. This indicates that the stock is currently neutral.
The MACD indicator for DERMATA THERAPEUTICS INC (DRMA) has a value of 0.0425858, indicating a bearish trend.
The short term momentum for DERMATA THERAPEUTICS INC (DRMA) is neutral.