Is Dermata Therapeutics, Inc. technically bullish or bearish?
As of June 20, 2025, the technical trend has shifted to a bearish stance, supported by bearish daily moving averages, Dow Theory, and KST indicators, despite some mildly bullish signals from the MACD and significant underperformance compared to the S&P 500.
As of 20 June 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, and the weekly Dow Theory and KST both indicating bearish conditions. While the MACD shows mildly bullish signals on the weekly and monthly time frames, the overall bearish trend is reinforced by the Bollinger Bands and the lack of a clear signal from the RSI on the weekly chart. The stock's significant underperformance compared to the S&P 500 over various time frames further supports the bearish outlook.
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