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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Nuwellis, Inc. (NASDAQ:NUWE)

Weak Downtrend (-65) - NUWE is showing signs of a strengthening downtrend. Monitor NUWE as it may be building momentum to the downside.

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
0.258200 0.265000 0.240000 0.241999 -0.018001
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 up The short-term trend has been UP since May 17th, 2024 at 0.3000

Smart Scan Analysis for NUWE

Based on our trend formula, NUWE is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NUWE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.258200 0.265000 0.240000 0.241999 -0.018001
Prev. Close Volume Bid Ask Time
0.244400 1292687 2024-05-22 15:59:51
52wk High3.8352wk High Date2023-06-20
52wk Low0.12552wk Low Date2024-05-01
Average Volume16,172,463Shares Outstanding18,051
Assets6,662,000MLiabilities5,775,000M
P/E Ratio-0.08330000
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