Red List
SPRY
ARS Pharmaceuticals, Inc.
Healthcare · Biotechnology · small-cap ($811M)
-58.0%
from rolling 252-day high of $18.90 set 2025-06-27 · 321d ago
Current
$7.94
Decline depth
-58.0%
Decline σ
5.4σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Structural break signals

SPRY qualifies for the Red List on decline depth.

Decline depth
-58.0%
From rolling 252-day high of $18.90, 321d 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
5.4σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (3.44% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about SPRY.

SPRY qualifies for the Red List on decline depth — down -58.0% 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.

Cross-confirmation: decline sigma also reads 5.4σ over 10 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 2U (red).

Earnings on file: 2026-03-09. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $6.66 10.5% of range 52W high $18.90

Sector context · Healthcare

182 other Healthcare tickers are on Broken Stocks.

92 Red List
43 Amber
47 Watch
-35.8% Median decline

Worst in sector: OPRX (-76.7%). Least-bad: ANIP (-20.0%). 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 -58.0% from its rolling 252-day high of $18.90, set on 2025-06-27 — 321d ago.

Is SPRY a falling knife?

Not by the strict technical definition. SPRY is down -58.0% from its 52-week high, but that high was set 321d 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 $7.94, SPRY sits 10.5% 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 58.0% decline accrued over 321d, which annualizes to roughly -66.0% 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 182 other Healthcare tickers on Broken Stocks: 92 Red, 43 Amber, 47 Watch, with 55 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 (2026-03-09) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.