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Stock Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Eledon Pharmaceuticals, Inc. (NASDAQ:ELDN)
Bull Market Weakness (+75) - ELDN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for ELDN
The long-term trend has been DOWN since Mar 4th, 2021 at 13.835
The intermediate-term trend has been UP since Jul 19th, 2022 at 3.150
The short-term trend has been UP since Aug 4th, 2022 at 3.160
Smart Scan Analysis for ELDN
Based on our trend formula, ELDN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.4000 | 3.4500 | 3.3444 | 3.4500 | +0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3900 | 1698 | 2022-08-11 13:21:00 |
| 52wk High | 8.49 | 52wk High Date | 2021-09-02 |
| 52wk Low | 2.27 | 52wk Low Date | 2022-05-11 |
| Average Volume | 41,618 | Shares Outstanding | 13,757 |
| Assets | 161,378,000M | Liabilities | 5,060,000M |