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Stock Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Elite Pharmaceuticals, Inc. (NASDAQ:ELTP)

Sidelines Mode (-55) - ELTP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.41960 0.44930 0.41000 0.43696 +0.01736
Entry Signal

MarketClub’s Trade Triangles for ELTP

long term down The long-term trend has been DOWN since Feb 14th, 2025 at 0.45

intermediate term down The intermediate-term trend has been DOWN since Feb 14th, 2025 at 0.45

short term up The short-term trend has been UP since May 8th, 2025 at 0.44

Smart Scan Analysis for ELTP

Based on our trend formula, ELTP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ELTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41960 0.44930 0.41000 0.43696 +0.01736
Prev. Close Volume Bid Ask Time
0.43598 528556 2025-05-08 15:51:24
Year High0.145Year High Date2018-01-11
Year Low0.072Year Low Date2018-11-15
52wk High0.754952wk High Date2024-10-22
52wk Low0.123552wk Low Date2024-05-10
Year End Close0.0799Average Volume479,704
Shares Outstanding1,068,273Short Interest757,074
% Institutional0.3Assets90,756,464M
Liabilities54,310,806MP/E Ratio24.025
Beta0.66Volatility49.67
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