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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

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.

Open High Low NUWE Price Change
1.4800 1.5390 1.4763 1.5254 +0.0154
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 Sep 19th, 2023 at 1.5400

short term down The short-term trend has been DOWN since Sep 11th, 2023 at 1.7090

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).

Smart Scan Analysis for NUWE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4800 1.5390 1.4763 1.5254 +0.0154
Prev. Close Volume Bid Ask Time
1.5300 20264 2023-09-27 15:58:23
52wk High63.9952wk High Date2022-09-29
52wk Low1.420152wk Low Date2023-09-25
Average Volume197,960Shares Outstanding1,207
P/E Ratio-0.08330000
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