Free Daily Analysis

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.

Open High Low NUWE Price Change
2.0100 2.0100 1.8600 1.9497 -0.0703
Entry Signal

MarketClub’s Trade Triangles for NUWE

long term down The long-term trend has been DOWN since Sep 14th, 2021 at 3.77

intermediate term down The intermediate-term trend has been DOWN since Aug 30th, 2021 at 3.94

short term down 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).

Smart Scan Analysis for NUWE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0100 2.0100 1.8600 1.9497 -0.0703
Prev. Close Volume Bid Ask Time
1.9700 309882 2021-10-22 15:57:26
52wk High12.379452wk High Date2021-03-02
52wk Low1.903152wk Low Date2021-10-19
Average Volume220,353Shares Outstanding6,532
P/E Ratio-0.0842
Get a free daily analysis and signals for Nuwellis, Inc. (NUWE) - Request Your Free Report.