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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Nuwellis, Inc. (NASDAQ:NUWE)

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

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NUWE
Open High Low NUWE Price Change
2.56 2.59 2.19 2.40 -0.10
Entry Signal

MarketClub’s Trade Triangles for NUWE

long term down The long-term trend has been DOWN since Oct 3rd, 2022 at 0.5111

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.4601

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 4.1601

Smart Scan Analysis for NUWE

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

-90
Smart Scan Analysis for NUWE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.56 2.59 2.19 2.40 -0.10
Prev. Close Volume Bid Ask Time
2.50 494834 2024-07-26 15:59:55
52wk High97.98652wk High Date2023-07-27
52wk Low2.2852wk Low Date2024-07-24
Average Volume321,074Shares Outstanding18,051
Assets6,662,000MLiabilities5,775,000M
P/E Ratio-0.08330000
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