Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
ELIO MOTORS INC (NASDAQ:ELIO)
Long-Term Downtrend (-90) - ELIO is in a strong downtrend that is likely to continue. While ELIO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ELIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELIO
The long-term trend has been DOWN since Oct 12th, 2021 at 0.3000
The intermediate-term trend has been DOWN since Oct 12th, 2021 at 0.7488
The short-term trend has been DOWN since Oct 4th, 2021 at 0.9000
Smart Scan Analysis for ELIO
Based on our trend formula, ELIO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||5.15||Year High Date||2018-07-30|
|Year Low||2.5||Year Low Date||2018-01-04|
|52wk High||4||52wk High Date||2020-11-20|
|52wk Low||0.0661||52wk Low Date||2021-10-12|