Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Endologix, Inc (NASDAQ:ELGX)
Weak Downtrend (-65) - ELGX is showing signs of a strengthening downtrend. Monitor ELGX as it may be building momentum to the downside.
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 May 26th, 2020 at 0.95
The short-term trend has been DOWN since May 27th, 2020 at 0.71
Smart Scan Analysis for ELGX
Based on our trend formula, ELGX is rated as a -65 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||8.14||52wk High Date||2019-06-19|
|52wk Low||0.6||52wk Low Date||2020-03-16|
|Year End Close||14.24||Average Volume||272,346|
|Shares Outstanding||19,092||Short Interest||5,536,009|
|% Institutional||99.9||Market Cap||83M|