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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Evelo Biosciences, Inc. (NASDAQ:EVLO)

Long-Term Downtrend (-90) - EVLO is in a strong downtrend that is likely to continue. While EVLO 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 EVLO?

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

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Open High Low EVLO Price Change
0.3985 0.4001 0.3767 0.4001 0.0000
Entry Signal

MarketClub’s Trade Triangles for EVLO

long term down The long-term trend has been DOWN since Oct 17th, 2023 at 2.32

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2023 at 7.01

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 0.47

Smart Scan Analysis for EVLO

Based on our trend formula, EVLO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EVLO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3985 0.4001 0.3767 0.4001 0.0000
Prev. Close Volume Bid Ask Time
0.3951 279370 2023-12-01 15:59:51
Year High16.748Year High Date2018-06-04
Year Low6.51Year Low Date2018-11-15
52wk High45.652wk High Date2022-12-01
52wk Low0.300752wk Low Date2023-11-02
Average Volume1,811,072Shares Outstanding18,931
Market Cap216MAssets20,627,000M
Liabilities47,334,000MP/E Ratio-0.15050000
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