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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Scilex Holding Company (NASDAQ:SCLX)
Long-Term Downtrend (-90) - SCLX is in a strong downtrend that is likely to continue. While SCLX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SCLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCLX.
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 SCLX
The long-term trend has been DOWN since Apr 15th, 2024 at 1.2301
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1.3000
The short-term trend has been DOWN since May 8th, 2024 at 0.8401
Smart Scan Analysis for SCLX
Based on our trend formula, SCLX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9110 | 0.9288 | 0.8220 | 0.8410 | -0.0763 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8471 | 878009 | 2024-05-08 15:59:44 |
| 52wk High | 8.3699 | 52wk High Date | 2023-05-23 |
| 52wk Low | 0.8002 | 52wk Low Date | 2024-04-19 |
| Average Volume | 913,620 | Shares Outstanding | 166,190 |
| Assets | 101,309,000M | Liabilities | 274,247,000M |
| P/E Ratio | 68.6 |