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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Elite Pharmaceuticals, Inc. (NASDAQ:ELTP)
Long-Term Uptrend (+90) - ELTP is in a strong uptrend that is likely to continue. While ELTP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for ELTP
The long-term trend has been UP since Jun 27th, 2024 at 0.1900
The intermediate-term trend has been UP since Aug 19th, 2024 at 0.1996
The short-term trend has been UP since Nov 15th, 2024 at 0.5890
Smart Scan Analysis for ELTP
Based on our trend formula, ELTP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.69990 | 0.70000 | 0.65510 | 0.67700 | +0.01175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.67500 | 2570252 | 2024-11-19 15:59:30 |
| Year High | 0.145 | Year High Date | 2018-01-11 |
| Year Low | 0.072 | Year Low Date | 2018-11-15 |
| 52wk High | 0.7549 | 52wk High Date | 2024-10-22 |
| 52wk Low | 0.1213 | 52wk Low Date | 2024-04-23 |
| Year End Close | 0.0799 | Average Volume | 4,339,828 |
| Shares Outstanding | 1,068,273 | Short Interest | 757,074 |
| % Institutional | 0.3 | Assets | 87,846,005M |
| Liabilities | 29,595,085M | P/E Ratio | 33.2625 |
| Beta | 0.66 | Volatility | 49.67 |