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Stock Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

Elite Pharma Inc (NASDAQ:ELTP)

Crossroads (+60) - ELTP 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 ELTP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELTP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ELTP
Open High Low ELTP Price Change
0.0600 0.0600 0.0570 0.0570 -0.0028
Entry Signal

MarketClub’s Trade Triangles for ELTP

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 0.0571

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 0.0590

short term up The short-term trend has been UP since May 4th, 2021 at 0.0579

Smart Scan Analysis for ELTP

Based on our trend formula, ELTP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ELTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0600 0.0600 0.0570 0.0570 -0.0028
Prev. Close Volume Bid Ask Time
0.0598 97200 2021-05-06 09:30:01
Year High0.145Year High Date2018-01-11
Year Low0.072Year Low Date2018-11-15
52wk High0.099552wk High Date2020-06-30
52wk Low0.0480552wk Low Date2021-01-07
Year End Close0.0799Average Volume803,300
Shares Outstanding1,009,177Short Interest757,074
% Institutional0.3Assets28,665,237M
Liabilities12,034,605MBeta0.66
Volatility49.67
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