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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)
Long-Term Uptrend (+90) - ELDN is in a strong uptrend that is likely to continue. While ELDN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jul 16th, 2024 at 2.7400
The short-term trend has been UP since Jul 23rd, 2024 at 2.7600
Smart Scan Analysis for ELDN
Based on our trend formula, ELDN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.030 | 3.045 | 2.800 | 2.910 | -0.090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.000 | 51314 | 2024-07-26 15:59:53 |
| 52wk High | 3.349 | 52wk High Date | 2024-05-20 |
| 52wk Low | 1.07 | 52wk Low Date | 2023-11-09 |
| Average Volume | 118,988 | Shares Outstanding | 38,507 |
| Assets | 80,818,000M | Liabilities | 5,999,000M |
| P/E Ratio | -0.25630000 |