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Stock Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

TRACON Pharmaceuticals, Inc. (NASDAQ:TCON)

Sidelines Mode (-55) - TCON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TCON?

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

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

Open High Low TCON Price Change
0.608000 0.629899 0.608000 0.625000 -0.015000
Entry Signal

MarketClub’s Trade Triangles for TCON

long term down The long-term trend has been DOWN since Apr 25th, 2023 at 1.29

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2023 at 1.70

short term up The short-term trend has been UP since Jun 5th, 2023 at 0.62

Smart Scan Analysis for TCON

Based on our trend formula, TCON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.608000 0.629899 0.608000 0.625000 -0.015000
Prev. Close Volume Bid Ask Time
0.640000 13595 2023-06-09 10:05:11
Year High3.6Year High Date2018-01-03
Year Low1.0341Year Low Date2018-11-28
52wk High2.3252wk High Date2022-08-16
52wk Low0.5552wk Low Date2023-06-01
Average Volume80,671Shares Outstanding22,211
Market Cap15MAssets8,323,000M
Liabilities19,395,000MP/E Ratio-0.40000000
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