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Stock Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

Elite Pharmaceuticals, Inc. (NASDAQ:ELTP)

Strong Uptrend (+100) - ELTP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ELTP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.59020 0.59140 0.58000 0.59044 +0.00144
Entry Signal

MarketClub’s Trade Triangles for ELTP

long term up The long-term trend has been UP since Jun 27th, 2024 at 0.1900

intermediate term up The intermediate-term trend has been UP since Aug 19th, 2024 at 0.1996

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.6175

Smart Scan Analysis for ELTP

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

+100
Smart Scan Analysis for ELTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59020 0.59140 0.58000 0.59044 +0.00144
Prev. Close Volume Bid Ask Time
0.58900 23548 2024-12-06 09:36:43
Year High0.145Year High Date2018-01-11
Year Low0.072Year Low Date2018-11-15
52wk High0.754952wk High Date2024-10-22
52wk Low0.121352wk Low Date2024-04-23
Year End Close0.0799Average Volume2,195,459
Shares Outstanding1,068,273Short Interest757,074
% Institutional0.3Assets88,197,996M
Liabilities40,930,976MP/E Ratio29.45
Beta0.66Volatility49.67
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