Stock Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
Endologix, Inc (NASDAQ:ELGX)
Crossroads (+60) - ELGX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ELGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELGX
The long-term trend has been DOWN since Aug 7th, 2019 at 6.16
The intermediate-term trend has been UP since Feb 25th, 2020 at 1.28
The short-term trend has been UP since Feb 25th, 2020 at 1.15
Smart Scan Analysis for ELGX
Based on our trend formula, ELGX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.72||Year High Date||2018-06-15|
|Year Low||0.8101||Year Low Date||2018-11-26|
|52wk High||8.945||52wk High Date||2019-01-18|
|52wk Low||1.55||52wk Low Date||2020-01-02|
|Year End Close||14.24||Average Volume||258,396|
|Shares Outstanding||17,942||Short Interest||5,536,009|
|% Institutional||99.9||Market Cap||83M|