Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
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.
MarketClub’s Trade Triangles for NUWE
The long-term trend has been DOWN since Sep 14th, 2021 at 3.77
The intermediate-term trend has been DOWN since Aug 30th, 2021 at 3.94
The short-term trend has been DOWN since Oct 5th, 2021 at 2.05
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).
|52wk High||12.3794||52wk High Date||2021-03-02|
|52wk Low||1.9031||52wk Low Date||2021-10-19|
|Average Volume||220,353||Shares Outstanding||6,532|