Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)

Weak Uptrend (+65) - ELDN is showing signs of weakening momentum to the upside. Monitor ELDN as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ELDN?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELDN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ELDN
Open High Low ELDN Price Change
4.270 4.340 4.100 4.335 +0.065
Entry Signal

MarketClub’s Trade Triangles for ELDN

long term up The long-term trend has been UP since Dec 26th, 2023 at 1.8059

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 2.6800

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 4.5900

Smart Scan Analysis for ELDN

Based on our trend formula, ELDN is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ELDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.270 4.340 4.100 4.335 +0.065
Prev. Close Volume Bid Ask Time
4.270 366579 2024-12-26 14:21:33
52wk High5.5452wk High Date2024-11-01
52wk Low1.519952wk Low Date2024-03-15
Average Volume571,555Shares Outstanding59,739
Assets114,576,000MLiabilities38,518,000M
P/E Ratio-0.25630000
Get a free daily analysis and signals for Eledon Pharmaceuticals, Inc. (ELDN) - Request Your Free Report.