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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.
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 EVLO
The long-term trend has been DOWN since Oct 17th, 2023 at 2.32
The intermediate-term trend has been DOWN since Aug 18th, 2023 at 7.01
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).
| 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 High | 16.748 | Year High Date | 2018-06-04 |
| Year Low | 6.51 | Year Low Date | 2018-11-15 |
| 52wk High | 45.6 | 52wk High Date | 2022-12-01 |
| 52wk Low | 0.3007 | 52wk Low Date | 2023-11-02 |
| Average Volume | 1,811,072 | Shares Outstanding | 18,931 |
| Market Cap | 216M | Assets | 20,627,000M |
| Liabilities | 47,334,000M | P/E Ratio | -0.15050000 |
| Volatility | 85.22 |