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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Nuwellis, Inc. (NASDAQ:NUWE)
Sidelines Mode (-55) - NUWE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NUWE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NUWE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NUWE
The long-term trend has been DOWN since Oct 3rd, 2022 at 0.5111
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.4601
The short-term trend has been UP since May 2nd, 2024 at 0.1640
Smart Scan Analysis for NUWE
Based on our trend formula, NUWE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2400 | 0.2762 | 0.2118 | 0.2600 | -0.0034 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2600 | 9308578 | 2024-05-08 15:59:43 |
| 52wk High | 3.83 | 52wk High Date | 2023-06-20 |
| 52wk Low | 0.125 | 52wk Low Date | 2024-05-01 |
| Average Volume | 15,259,113 | Shares Outstanding | 6,801 |
| Assets | 9,770,000M | Liabilities | 6,559,000M |
| P/E Ratio | -0.08330000 |