DERMATA THERAPEUTICS INC (DRMA) Technical Analysis
NASDAQ:DRMA • US2498455045
Current stock price
DRMA Technical Rating and Analysis
We assign a technical rating of 0 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.
- 98% of all other stocks performed better in the past year than DRMA.
- DRMA is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 86% 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.
- DRMA has an average volume of 1807960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DRMA has a been trading in the 1.10 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
DRMA Weekly and Daily overview Charts
DRMA Setup Rating and Analysis
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. We notice that large players showed an interest for DRMA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DRMA Support and Resistance Analysis
1.14
We found 3 important support areas.
- A support zone ranging from 1.29 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.20 from a horizontal line in the daily time frame.
- Support @1.15 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.37 from a horizontal line in the daily time frame.
- Resistance @1.46 from a horizontal line in the weekly time frame.
- Resistance @3.14 from a horizontal line in the daily time frame.
DRMA 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.
| 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 | MIXED | The current price of DRMA is above 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) | 51.23 | NEUTRAL | The RSI value for DRMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DRMA has a positive trend. |
| Stochastics (14,3) | 82.31 | OVERBOUGHT | The high Stochastics value suggests DRMA may be overbought. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for DRMA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for DRMA suggests a strong trend. |
DRMA Chart- and CandleStick Pattern Analysis
DRMA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:DRMA (4/21/2026, 10:02:58 AM)
1.35
+0.01 (+0.75%)
DERMATA THERAPEUTICS INC / DRMA TA FAQ
What is the ChartMill technical rating of DERMATA THERAPEUTICS INC (DRMA) stock?
ChartMill assigns a technical rating of 0 / 10 to DRMA.
Can you provide the trend direction for DERMATA THERAPEUTICS INC?
The current trend direction for DERMATA THERAPEUTICS INC (DRMA) is Bearish.
What is the RSI signal for DRMA stock?
DERMATA THERAPEUTICS INC (DRMA) has an RSI value of 51.2333. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DERMATA THERAPEUTICS INC?
The MACD indicator for DERMATA THERAPEUTICS INC (DRMA) has a value of 0.0184232, indicating a bearish trend.
What is the support and resistance level for DRMA stock?
DERMATA THERAPEUTICS INC (DRMA) has a support level at 1.32 and a resistance level at 1.37. Check the full technical report for our detailed analysis of DRMA support and resistance levels.