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Downtrend Call Working As Dermira Stock Falls 61.6% (DERM)

By James Quinn

SmarTrend identified a Downtrend for Dermira (NASDAQ:DERM) on February 6th, 2018 at $26.70. In approximately 1 month, Dermira has returned 61.60% as of today's recent price of $10.25.

Dermira share prices have moved between a 52-week high of $38.75 and a 52-week low of $8.54 and are now trading 20% above that low price at $10.25 per share. The 200-day and 50-day moving averages have moved 0.26% higher and 0.70% higher over the past week, respectively.

Dermira, Inc. develops and commercializes dermatology therapies. The Company markets topical small molecule therapeutics that target acne, sebaceous gland hyperactivity, and inflammatory skin diseases. Dermira serves patients in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Dermira.

Log in and add Dermira (DERM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights dermira

Ticker(s): DERM