Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Evelo Biosciences, Inc (NASDAQ:EVLO)
Weak Downtrend (-65) - EVLO is showing signs of a strengthening downtrend. Monitor EVLO as it may be building momentum to the downside.
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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EVLO
The long-term trend has been UP since Oct 9th, 2020 at 5.98
The intermediate-term trend has been DOWN since May 4th, 2021 at 10.36
The short-term trend has been DOWN since May 3rd, 2021 at 11.66
Smart Scan Analysis for EVLO
Based on our trend formula, EVLO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||16.748||Year High Date||2018-06-04|
|Year Low||6.51||Year Low Date||2018-11-15|
|52wk High||19.9283||52wk High Date||2021-01-28|
|52wk Low||3.55||52wk Low Date||2020-06-18|
|Average Volume||287,750||Shares Outstanding||53,374|