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DERMATA THERAPEUTICS INC (DRMA) Stock Technical Analysis

NASDAQ:DRMA - Nasdaq - US2498454055 - Common Stock - Currency: USD

0.7061  +0 (+0.46%)

After market: 0.7099 +0 (+0.54%)

Technical Rating and Analysis

1

We assign a technical rating of 1 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DRMA is a bad performer in the overall market: 98% of all stocks are doing better.
DRMA is part of the Biotechnology industry. There are 553 other stocks in this industry, of which 81% are performing better than DRMA.
DRMA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DRMA has a been trading in the 0.59 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DERMATA THERAPEUTICS INC / DRMA Weekly stock chart
DERMATA THERAPEUTICS INC / DRMA Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, DRMA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.64

1.45

2 important support areas can be observed.

  • A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • Resistance @0.72 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.27 from a trend line in the daily time frame.
  • Resistance @1.44 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DRMA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DRMA is neutral.
ChartMill Relative Strength2.97NEGATIVEDRMA has a low relative strength, it was outperformed by 97.03% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DRMA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of DRMA is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DRMA is below a declining SMA(200).
Relative Strength Index/RSI (14)52.28NEUTRALThe RSI value for DRMA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests DRMA has a positive trend, although the MACD value is declining.
Stochastics (14,3)43.23NEUTRALThe Stochastics value for DRMA is a neutral value.
Average True Range in percent/ATR (20)9.54HIGH VOLATILITYThe high ATR as a percentage value for DRMA suggests high volalility.
Average Directional Index/ADX (14)24.28NEUTRALThe ADX value for DRMA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
DERMATA THERAPEUTICS INC / DRMA Daily stock chart

DERMATA THERAPEUTICS INC

NASDAQ:DRMA (7/29/2025, 8:00:01 PM)

After market: 0.7099 +0 (+0.54%)

0.7061

+0 (+0.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.46%
1 Week1.31%
2 Weeks-3.31%
1 Month20.7%
3 Month-18.83%
6 Month-42.59%
12 Month-78.07%
2 Year-96.38%
3 Year-99.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.54%
ATR Inc-35.81%
Range Today0.04
ADR(20)0.07
ADR(20)%9.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.97
Mansfield-4.47
10 Day High0.75
10 Day Low0.64
20 Day High0.8
20 Day Low0.59
52 Week High3.07
52 Week Low0.57
CS1 End0.7
CR1 Start0.72
Volume & EV
DER(3)-24.05%
DER(5)-14.79%
Volume255.60K
Volume Incr-17.13%
Vol(5)133.20K
Vol(50)115.20K