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Stock Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)

Bear Market Rally (-75) - ELDN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ELDN as it may be in the beginning 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
2.99 3.37 2.92 3.16 +0.16
Entry Signal

MarketClub’s Trade Triangles for ELDN

long term down The long-term trend has been DOWN since Mar 10th, 2025 at 3.68

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2025 at 2.89

short term down The short-term trend has been DOWN since May 5th, 2025 at 3.13

Smart Scan Analysis for ELDN

Based on our trend formula, ELDN is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for ELDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.99 3.37 2.92 3.16 +0.16
Prev. Close Volume Bid Ask Time
3.17 179477 2025-05-08 15:59:23
52wk High5.5452wk High Date2024-11-01
52wk Low252wk Low Date2024-05-13
Average Volume154,763Shares Outstanding59,882
Assets177,405,000MLiabilities59,265,000M
P/E Ratio-0.25630000
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