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Stock Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)

Strong Uptrend (+100) - ELDN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ELDN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
4.780 4.940 4.590 4.675 -0.155
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 up The short-term trend has been UP since Dec 10th, 2024 at 5.0200

Smart Scan Analysis for ELDN

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

+100
Smart Scan Analysis for ELDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.780 4.940 4.590 4.675 -0.155
Prev. Close Volume Bid Ask Time
4.830 283246 2024-12-11 15:59:48
52wk High5.5452wk High Date2024-11-01
52wk Low1.2752wk Low Date2023-12-12
Average Volume397,420Shares Outstanding59,739
Assets114,576,000MLiabilities38,518,000M
P/E Ratio-0.25630000
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