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Stock Trend Analysis Report

Prepared for you on Thursday, January 21, 2021.

ELEDON PHARMACEUTICALS INC. COMMON STOCK (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.

NASDAQ_ELDN
Open High Low ELDN Price Change
16.0100 16.0100 15.1001 15.8200 -0.2400
Entry Signal

MarketClub’s Trade Triangles for ELDN

long term up The long-term trend has been UP since Jan 7th, 2021 at 16.110

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2021 at 16.110

short term up The short-term trend has been UP since Jan 19th, 2021 at 15.524

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).

+70
Smart Scan Analysis for ELDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.0100 16.0100 15.1001 15.8200 -0.2400
Prev. Close Volume Bid Ask Time
16.0100 3601 2021-01-21 10:19:36
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