Red ListRecovering

SPRYARS Pharmaceuticals, Inc.

Healthcare · Biotechnology · small-cap ($844M)
-50.3%
from rolling 252-day high of $18.90 set 2025-06-27 · 335d ago
Current
$9.40
Decline depth
-50.3%
Decline σ
2.1σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since tracking began

$SPRY has been tracked since 2026-03-01. It was down 51.5% from its 52-week high then — now down -50.3%.

That's 3.3 percentage points deeper than the day it joined. It bottomed 62.1% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

SPRY qualifies for the Red List on decline depth.

Decline depth
-50.3%
From rolling 252-day high of $18.90, 335d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
2.1σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (4.71% per day).

The structural read

What price action says about SPRY.

SPRY qualifies for the Red List on decline depth — down -50.3% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.

Broken Stocks stops here — it flags the structure, it doesn't build the upside case. Working out whether SPRY's turn is investable is what our sister tool does: ConvictionEdge — triple-engine conviction research on names showing a recovery signal.

Upstream TFC read: strong alignment, current phase daily. Last bar types — daily 2U (green), weekly 2U (green), monthly 3 (green).

Earnings on file: 2026-05-15. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $6.66 22.4% of range 52W high $18.90

Sector context · Healthcare

194 other Healthcare tickers are on Broken Stocks.

88 Red List
47 Amber
59 Watch
-35.8% Median decline

Worst in sector: OPRX (-77.1%). Least-bad: MRNA (-20.1%). See all Healthcare listings →

Questions about SPRY

What people ask.

Why is SPRY on Broken Stocks?

SPRY qualifies for the Red List on decline depth. It is down -50.3% from its rolling 252-day high of $18.90, set on 2025-06-27 — 335d ago. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for SPRY?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — SPRY is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is SPRY a falling knife?

Not by the strict technical definition. SPRY is down -50.3% from its 52-week high, but that high was set 335d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. SPRY is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is SPRY a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is SPRY trading inside its 52-week range?

At $9.40, SPRY sits 22.4% of the way from its 52-week low ($6.66) to its 52-week high ($18.90). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has SPRY been declining?

The current 50.3% decline accrued over 335d, which annualizes to roughly -54.8% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does SPRY compare to its sector?

There are 194 other Healthcare tickers on Broken Stocks: 88 Red, 47 Amber, 59 Watch, with 107 showing recovering structural signals. Median sector decline is -35.8% — SPRY's decline is deeper than the sector median.

Does SPRY's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-15) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.