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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)
Sidelines Mode (+55) - ELDN 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 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.
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MarketClub’s Trade Triangles for ELDN
The long-term trend has been UP since Dec 26th, 2023 at 1.8059
The intermediate-term trend has been UP since Oct 9th, 2024 at 2.6800
The short-term trend has been DOWN since Nov 8th, 2024 at 4.7577
Smart Scan Analysis for ELDN
Based on our trend formula, ELDN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.82 | 4.04 | 3.80 | 3.86 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.88 | 393623 | 2024-11-19 15:59:36 |
| 52wk High | 5.54 | 52wk High Date | 2024-11-01 |
| 52wk Low | 1.1099 | 52wk Low Date | 2023-11-30 |
| Average Volume | 988,881 | Shares Outstanding | 59,739 |
| Assets | 120,483,000M | Liabilities | 128,984,000M |
| P/E Ratio | -0.25630000 |