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Stock Trend Analysis Report

Prepared for you on Wednesday, October 4, 2023.

Scilex Holding Company (NASDAQ:SCLX)

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

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

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

Open High Low SCLX Price Change
1.2400 1.3800 1.2100 1.3631 +0.1031
Entry Signal

MarketClub’s Trade Triangles for SCLX

long term down The long-term trend has been DOWN since May 2nd, 2023 at 5.7054

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2023 at 4.9300

short term down The short-term trend has been DOWN since Sep 28th, 2023 at 1.5200

Smart Scan Analysis for SCLX

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

Smart Scan Analysis for SCLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2400 1.3800 1.2100 1.3631 +0.1031
Prev. Close Volume Bid Ask Time
1.2600 121252 2023-10-04 12:25:18
52wk High16.952wk High Date2023-04-05
52wk Low1.2352wk Low Date2023-10-03
Average Volume1,081,270Shares Outstanding149,055
P/E Ratio68.6
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